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MMG's Bodnar: The Trend is Not Our Friend

MMG's Bodnar: The Trend is Not Our Friend

Saturday, 07 October 2023
Lending
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 Bill Bodnar of the Mortgage Market Guide (MMG) discusses the Friday jobs report, the implications of it on the bond market and the week ahead.    Read more...
HUD Awards $160M to Senior Housing Nonprofits

HUD Awards $160M to Senior Housing Nonprofits

Saturday, 07 October 2023
Lending
Written by
The Department of Housing and Urban Development has awarded $160.1 million in grants to 25 nonprofit providers of affordable senior housing. So reports McKnights Senior Living. Read more...
Mortgage Rates Rise to Highest Since December 2000

Mortgage Rates Rise to Highest Since December 2000

Saturday, 07 October 2023
Lending
Written by
Pain for homebuyers has continued as U.S. long-term mortgage rates have posted their fourth straight weekly increase, climbing to a nearly 23-year high. So reports Bloomberg. Read more...
September Mortgage Rate Locks Fall 13.29%, MCT Says

September Mortgage Rate Locks Fall 13.29%, MCT Says

Saturday, 07 October 2023
Lending
Written by
With rates and home prices still on an upward trajectory, mortgage lock volume slid 13.29% in September, according to advisory firm Mortgage Capital Trading. So reports MortgageOrb. Read more...
MMG's Bodnar: What A Week... and More To Come

MMG's Bodnar: What A Week... and More To Come

Saturday, 30 September 2023
Lending
Written by
Bill Bodnar of the Mortgage Market Guide (MMG) weighs in on the highest mortgage rates this century as well as impending home sales figures and more.  Read more...
U.S. Housing Market Grows to Record $52 Trillion: Zillow

U.S. Housing Market Grows to Record $52 Trillion: Zillow

Saturday, 30 September 2023
Lending
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U.S. home values have roared back to new highs after a brief pullback late last year, according to Zillow. So reports Elite Agent. Read more...
NAR Urges a Halt to Rate Hikes as Pending Home Sales Slide

NAR Urges a Halt to Rate Hikes as Pending Home Sales Slide

Saturday, 30 September 2023
Lending
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The top economist for the National Association of Realtors has called for a halt to the Federal Reserve’s interest rate increases after contract signings on new homes tumbled in August. So reports Dow Jones. Read more...
Consumer Confidence Falls for Second Straight Month

Consumer Confidence Falls for Second Straight Month

Saturday, 30 September 2023
Lending
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Consumers have been growing more downbeat amid rising interest rates and political uncertainty. So reports RISMedia. Read more...
30-Year Mortgage Rate Hits 7.31%, Highest Since 2000

30-Year Mortgage Rate Hits 7.31%, Highest Since 2000

Saturday, 30 September 2023
Lending
Written by
The average long-term U.S. mortgage rate has continued to jump, hitting an almost 23-year high. So reports ABC News. Read more...
MMG's Bodnar: Higher for Longer Unnerving the Markets

MMG's Bodnar: Higher for Longer Unnerving the Markets

Saturday, 23 September 2023
Lending
Written by
Bill Bodnar of the Mortgage Market Guide discusses the recent Fed meeting, future rate hikes and the impact it is having on the markets.  Read more...

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