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December 21, 2023

Mortgage Forbearance Rates Slide, Confidence Rises

Newsletter/Magazine Article

Since March 2020, mortgage servicers have provided forbearances to approximately 8.1 million borrowers.

December 21, 2023

Average Long-Term U.S. Mortgage Rate Falls to 6.67%

Newsletter/Magazine Article

Some economists say home sales will increase in 2024 as mortgage rates ease.

January 3, 2024

MBA: Mortgage Demand Drops Over Holidays

Newsletter/Magazine Article

An economist said purchases have not yet picked up in response to the recent mortgage rate decline.

January 3, 2024

Fed’s Barkin Says Soft Landing ‘Conceivable’

Newsletter/Magazine Article

Richmond Federal Reserve President Thomas Barkin said the U.S. is making “real progress” toward controlling inflation, but rate hikes are still possible.

January 4, 2024

Redfin: Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year

Newsletter/Magazine Article

Redfin reported a $372 drop in U.S. mortgage payments during the four weeks ending Dec. 31.

November 21, 2023

Citizens Tops 1.344M Policies

Newsletter/Magazine Article

Nearly 6,000 policies were added last week. But that number could drop as 7 insurers were approved to assume as many as 202K policies from Citizens this week.