Report: Mortgage Payments Down, Inventory Up as Housing Fights Against High Rates Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historica

Mortgage Applications Decrease for Third Consecutive Week Mortgage rates ticking down slightly didn’t move the needle on application activity this week, but the pace still remains ahead of last year at this time, according to this week’s update from the Mortgage Bankers Association (MBA). The latest

Inflation, High Treasury Yields Force Mortgage Rates Upward Mortgage rates have fluctuated again this week, seeing an increase as inflation rose due to elevated oil, gas and energy prices due to continued geopolitical tensions, according to the latest data from Freddie Mac. Freddie Mac’s Primary Mor

Mortgage Rates Inch Down This Week Mortgage rates ticked down slightly this week despite inflation concerns rising after this week’s CPI report.  The average mortgage rate decreased 1 basis point to 6.36% down from 6.37% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), rel

Mortgage Rates Decline for Third Straight Week, but Headwinds Remain Mortgage rates have reached their lowest point since mid-March but economists worry inflation and economic uncertainty caused by tensions in the Middle East will result in temporary decreases versus more sustained stability.  The a

Rates Drop Again but Economists Say Momentum Depends on Ceasefire Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further decreases could depend on weather the ceasefire in the Middle East remains intact.  The average mor