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Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via Yahoo Finance· 12 hours agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...
Mortgage demand continues to fall as rates soar
HousingWire via Yahoo Finance· 20 hours agoApplications decreased by 2.3% on a seasonally adjusted basis during the week ending April 26, according to the Mortgage Bankers Association< ...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 13 hours agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers
Mortgage rates move higher as Fed takes no action
Bankrate via AOL· 13 hours ago“Inflation remains stubbornly high, and this trend is convincing markets that rates, including mortgage rates, are going to stay higher for longer,” says...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 23 hours agoRising rates pushed home buyers to hit pause on house hunting, pushing the market composite index —...
May Mortgage Rate Forecast - NerdWallet
Nerdwallet· 15 hours agoMortgage rates will probably remain above 7% in May as inflation resists the Federal Reserve's efforts to bring it under control. It left rates unchanged...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 23 hours agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 14 hours ago“We expect mortgage rates to drop later this year, but not as far or as fast as we previously had...
News Highlights: Top Global Markets News of the Day - Wednesday at 9 AM ET
Morningstar· 21 hours agoLabor market not cooling off much. U.S. businesses created 192,000 new jobs in April, paycheck company ADP said, and more industries hired people last month in a sign of ongoing labor-market ...
2023: A Terrible, Horrible, No Good, Very Bad Year For Mortgage Bankers
National Mortgage Professional· 3 days agoLast week the Mortgage Bankers Association (MBA) released its Annual Mortgage Bankers Performance Report for 2023, showing 36% of reporting ...
