Recent News Articles

In May, the Federal Reserve raised their rate by half a percentage point, the biggest increase in 22 years. The Federal Reserve is set to have another meeting next week, and investors are anticipating yet another increase of half-a-percentage point

Far fewer Americans are applying for mortgages, as steadily rising interest rates and staggeringly-high house prices begin to take their toll. This drop in the number of mortgage applications is predicted to continue, eventually affecting prices in the housing market.

Freddie Mac reports that the 30-year mortgage rate rose to 5.23% this past week. Rising home prices and the spike in rates have dissuaded potential homebuyers from making a purchase, leading to a 6.5% decrease in mortgage applications from just

As of June 9th, the average 30-year fixed rate is 5.53%, the average 15-year fixed refinance rate is 4.75%, and the average 10-year fixed-rate refinance rate is 4.66%. More rate hikes are expected as the Federal Reserve meets on June

According to new data from Realtor.com, the supply of available homes that are for sale could increase in the coming weeks. The data suggests a positive turn of events for buyers, with the potential for year-over-year inventory growth within the

As of May 1st, 2022, Costco no longer offers a mortgage program to its members. Although Costco is not a lender, and did not have a direct role in the mortgage process, it was affiliated with eight lenders (including Box