
Rates End Week at Lowest levels since April 9th
It was an action-packed week for the housing and mortgage market. Wednesday's Fed announcement was the highlight, but we also got several economic reports that caused rate volatility. Thankfully, it was mostly the good kind. The week got off to a slightly stronger start with Monday's only major rate
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NAHB Remodelers Reveals Most Popular Projects
Some of the more popular projects include adding or enclosing a porch. Remodeling demand remains high as more owners see growing equity in their homes.
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New Requirements Aim to Reduce Appraisal Bias
The new Reconsideration of Value policy requires lenders to provide a pathway for borrowers to request reviews of home appraisal valuations.
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What Do Higher Rates Mean for Home Buying?
While the Fed doesn’t set mortgage rates, it influences them. Even with higher rates, it could be a good time to buy, one economist said.
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