What Not to Do After a Mortgage Preapproval

Don’t jeopardize your chances of getting your dream home after getting preapproved for a mortgage by taking out new lines of credit or other missteps.

Fed’s Powell: Rate Cuts Likely Delayed This Year

If inflation continues, long-anticipated interest rate cuts may not happen this year, the Federal Reserve chair said. Interest rates influence mortgage rates.

U.S. Consumer Sentiment Falls Slightly

One economist said gas prices likely contributed to the decline. Most expect consumer spending to remain healthy as long as the job market holds steady. 

Mortgage Rates Back to 7.5%

The bad times keep rolling for mortgage rates with the average conventional 30yr fixed rate back up to 7.5% according to our daily index.  This is quite a bit higher than the major weekly indices for a few reasons.  First, the weekly indices haven't been updated for the current week yet.&n