Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and Freddie Mac, Democratic Representative Mel Watt.
Jamie Dimon said he may consider leaving JPMorgan Chase if shareholders vote to split his duties as chairman and CEO, The Wall Street Journal reported.
Last Friday’s noticeable uptick in interest rates is signaling the end of an era of super low interest rates, according to two mortgage executives.
Treasury 10-year yields reached the highest level in almost seven weeks after a report showed U.S. retail sales unexpectedly increased in April, renewing optimism central-bank efforts to spur economic growth are working.
(NAR) The business activity and income of Realtors® are up for the second year in a row following nine years of decline, according to the 2013 National Association of Realtors® Member Profile.
One of the persistent snares to housing recovery in the aftermath of the recession was broad unease in the mortgage market.