By Czarinna Andres Managing Editor, National Mortgage Professional New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against…
By Czarinna Andres Managing Editor, National Mortgage Professional Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations The Federal Reserve’s first rate increase…
By Czarinna Andres Managing Editor, National Mortgage Professional Markets overwhelmingly expect a quarter-point hike, but the Fed’s projections and the bond market’s response may matter more to originators The Federal Reserve…