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Lending (1447)

Mortgage Rates Rise to Highest Since December 2000

Pain for homebuyers has continued as U.S. long-term mortgage rates have posted their fourth straight weekly increase, climbing to a nearly 23-year high. So reports Bloomberg. Read more...

September Mortgage Rate Locks Fall 13.29%, MCT Says

With rates and home prices still on an upward trajectory, mortgage lock volume slid 13.29% in September, according to advisory firm Mortgage Capital Trading. So reports MortgageOrb. Read more...

MMG's Bodnar: What A Week... and More To Come

Bill Bodnar of the Mortgage Market Guide (MMG) weighs in on the highest mortgage rates this century as well as impending home sales figures and more.  Read more...

U.S. Housing Market Grows to Record $52 Trillion: Zillow

U.S. home values have roared back to new highs after a brief pullback late last year, according to Zillow. So reports Elite Agent. Read more...

NAR Urges a Halt to Rate Hikes as Pending Home Sales Slide

The top economist for the National Association of Realtors has called for a halt to the Federal Reserve’s interest rate increases after contract signings on new homes tumbled in August. So reports Dow Jones. Read more...

Consumer Confidence Falls for Second Straight Month

Consumers have been growing more downbeat amid rising interest rates and political uncertainty. So reports RISMedia. Read more...

30-Year Mortgage Rate Hits 7.31%, Highest Since 2000

The average long-term U.S. mortgage rate has continued to jump, hitting an almost 23-year high. So reports ABC News. Read more...

MMG's Bodnar: Higher for Longer Unnerving the Markets

Bill Bodnar of the Mortgage Market Guide discusses the recent Fed meeting, future rate hikes and the impact it is having on the markets.  Read more...

Forbearance Rate Slips Toward March 2020 Level

The share of home mortgages whose borrowers have received a temporary pause on their payments due to financial distress has inched closer to its levels before the COVID-19 pandemic. So reports DSNews. Read more...

Fannie Mae Doubles Down on 'Mild Recession' Forecast

Fannie Mae economists have reiterated their earlier projection of a “mild recession” for the U.S. economy in 2024. So reports Deseret News. Read more...

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