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Chris Frankie
Mortgage Rates Spike to Highest Since January Despite Fed Cut
- Tuesday, 24 March 2020
Borrowing costs for home buyers jumped last week as lenders raced to keep up with refinancing applications amid turmoil in financial markets. That’s despite the Federal Reserve actually cutting its benchmark interest rate. So reports MarketWatch.
Read more...Homebuilding Falls in February, Led By Dip in Multifamily Units
- Friday, 27 March 2020
A steep drop in construction of multifamily units drove a decline in U.S. homebuilding in February. So reports CNBC.
Read more...Refinances Drop But Remain Near Historic Highs
- Sunday, 22 March 2020
Refinance applications fell 10% in the most recent week tracked by the Mortgage Bankers Association, while mortgage applications decreased 8.4%. So reports USA Today.
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