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December 21, 2023

Mortgage Forbearance Rates Slide, Confidence Rises

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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%

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Some economists say home sales will increase in 2024 as mortgage rates ease.
January 3, 2024

MBA: Mortgage Demand Drops Over Holidays

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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’

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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

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Redfin reported a $372 drop in U.S. mortgage payments during the four weeks ending Dec. 31.
January 8, 2024

The Hidden Force Pushing Mortgage Rates Down

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Banks and the Federal Reserve have purchased fewer mortgages since the Fed began increasing interest rates to curb inflation.
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