By Wolf Richter for WOLF STREET. Mortgage balances outstanding ticked up by 0.9% in Q4 from Q3, to a record of $12.3 trillion. Year-over-year, the increase was only 2.8%, according to data from the New York Fed’s Household […]
A similar drop in mortgage rates a year ago to even lower rates didn’t turn up sales volume either – on the contrary. By Wolf Richter for WOLF STREET. The dream is, or was, that mortgage rates dropped […]
US home prices rose for the 5th straight month in July (the latest data from Case-Shiller), jumping 0.9% MoM and shifting into the green (+0.1%) on a year-over-year basis for the first time since February, […]
Authored by Mike Shedlock via MishTalk.com, A four-month decline in mortgage yields may be over. Let’s discuss what this means to the home buyer and how the Fed has messed with people’s lives over time. […]
UK banks have begun withdrawing mortgage products due to rapidly rising interest rates, and that has triggered a steady decline in home sales. According to data compiled by Moneyfacts Group, there was a 9% drop […]
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