Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Chris Frankie

Chris Frankie

What Does Surprise Cut from The Fed Mean for Mortgage Rates?

Last week, the The Federal Reserve made a surprise—between meetings—cut, lowering the fed funds rate by a half-point, to a range of 1% to 1.25%. How will this impact mortgage rates?

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Gen Xers Denied Home Loans Most Often: Report

The generation that faces home loan denials most often is Gen X, the cohort from 40 to 54 years old, according to a new survey by the National Association of Realtors. So reports Yahoo Finance.

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U.S. Housing Market is Short by 3.3M Units: Freddie Mac

According to a new research report by Freddie Mac, the U.S. housing market is undersupplied by an estimated 3.3 million units, a shortage that’s rising by roughly 300,000 units annually. So reports Yahoo Finance.

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