Mortgage Rates Edge Slightly Lower. Volatility Potential Increases From Here

Coming into the current week, we expected to see a fair amount of volatility.  Last week was volatile in its own right, but in a broadly sideways trajectory.  Perhaps it's more fair to say we're expecting more of a directional reaction to this week's data. All that having been said, we hav

NAR: RE Compensation Lawsuit Far from Over

A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.

U.S. Consumers Pessimistic in Oct. – But Still Spending

The U.S. Consumer Confidence Index fell for the third month in a row to 102.6 from Sept.’s 104.3. A top concern: The rising cost of goods and services.

FHFA: Aug. Housing Prices Rose 5.6% Year-to-Year

Home prices aren’t coming down, at least not in most of the U.S. The study of Fannie/Freddie data found just 1 of 9 divisions showing “moderate weakness.”