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Fed tweets

The Trump effect: How mortgage rates move with the president’s tweets

President Trump lets his thoughts be known through Twitter and those tweets can have a direct impact on the economy and interest rates,...
Toll Brothers posts quarterly home orders beating estimates

Toll Brothers posts quarterly home orders beating estimates

Toll Brothers Inc., the largest U.S. luxury-home builder, reported quarterly orders that beat estimates, a sign that low mortgage rates are fueling a...
Consumer housing confidence rises as buying conditions strengthen

Consumer housing confidence rises as buying conditions strengthen

With more consumers believing it’s a great time to buy a home, the Home Purchase Sentiment Index had its best November since the...
Borrowers take most cash-out from properties in nearly 12 years

Borrowers take most cash-out from properties in nearly 12 years

More than half of the third quarter refinance activity was the cash-out variety, with borrowers removing the most total equity from their homes...
It's a seller's market in King County as inventory tightens

It’s a seller’s market in King County as inventory tightens

Last month, brokers anticipated local residential markets swinging, if ever so slightly, to give buyers more bargaining power.After seeing new data from the...
For eighth straight quarter, CMBS loan delinquency rates drop: MBA

For eighth straight quarter, CMBS loan delinquency rates drop: MBA

Most commercial and multifamily loan-delinquency rates remained near record lows in the third quarter thanks to low mortgage rates and high property values,...
Southern California house prices rebound in October

Southern California house prices rebound in October

Southern California appreciation rates rebounded in October, hitting the highest levels since last spring, according to the latest CoreLogic Home Price Index.The CoreLogic...
Hovnanian

Hovnanian takes loss to extinguish debt as building, mortgages boom

Despite an uptick in homebuilding and favorable financing rates, Hovnanian Enterprises' latest earnings results remained in the red due to a charge the...
Rates hold steady

Average mortgage rates stay flat due to mixed economic news

Mortgage rates remained unchanged this week, after moving back and forth during the period on economic and trade news, according to Freddie Mac....
Toronto housing prices extend gains amid tightening supply

Toronto housing prices extend gains amid tightening supply

Toronto's home prices extended gains in November, and are now accelerating at the fastest annual pace since 2017 as demand continues to outpace...

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US long-term mortgage rates steady; 30-year loan at 3.68%

US long-term mortgage rates steady; 30-year loan at 3.68%

WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates...
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