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Mortgage Rates
L
Logan Mohtashami
Oct 3
What’s next for housing: 7%, 8% or 9% mortgage rates?
Mortgage rates are at 7.57% and demand softened more last week
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Mortgage Rates
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CNBC
Oct 3
High interest rates are foreclosing on American home remodeling dream
Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can't even remodel with HELOCs too expensive to tap.
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Mortgage Rates
F
Fox Business
Oct 3
10-year Treasury yield hits 2002 high, raising mortgage and loan costs
The 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits.
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Mortgage Rates
I
Ian Hanchett
Oct 3
White House on High Mortgage Rates: Rates Can Rise Due to Factory Boom
On Friday’s broadcast of the Fox News Channel’s “America’s Newsroom,” White House National Economic Council Director Kevin Hassett argued that when there is strong growth, “then longer-term interest r
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Market Trends
E
Emily Fu
Oct 2
NYC now ranks as the hardest place to buy a home for first-time buyers
New York City is the hardest major US market for first-time homebuyers, who would need 65.2 years to save the typical $265,000 down payment.
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Mortgage Rates
S
Salt Lake City Deseret News
Oct 2
Mortgage rates just hit a 3-year high
Big jump comes amid speculation rates could reach 8%.
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Industry News
J
Jonathan Delozier
Oct 2
Why real estate agents are mentoring college athletes — and getting referrals
Student-athletes receive mentoring and complete requirements to become licensed real estate referral agents
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Mortgage Rates
F
Flávia Furlan Nunes
Oct 2
Mortgage Banking Summit: ‘Street fight’ market concentrates growth toward nondelegated lenders
Data shows a small fraction of lenders capturing most new production as LOs shift to brokerage and correspondent platforms
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Market Trends
B
Brooklee Han
Oct 2
Christie’s International Real Estate SoCal adds $180M in agent production with Pasadena expansion
New team additions posted $180 million in the past 12 months, the RealTrends Verified brokerage reported
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Industry News
F
Flávia Furlan Nunes
Oct 2
FHA launches optional transition period to UAD 3.6
Lenders can begin sending FHA appraisals in UAD 3.6
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Mortgage Rates
N
NerdWallet
Oct 2
Mortgage Rates Today, Friday, October 2: A Little Lower, Still Above 7%
TL;DR: Mortgage rates dropped a bit today, but the relief is pretty minimal.
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Mortgage Rates
L
Los Angeles Times
Oct 2
Mortgage rates rise to the highest level in nearly 3 years at 7.28%
The average long-term U.S. mortgage rate remained above 7% this week, reaching its highest level in nearly three years
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