US mortgage rates rose for the first time in five weeks, thwarting a budding recovery in housing demand and abruptly halting a recent flurry of home refinancing. The contract rate on a 30-year mortgage climbed 12 basis points to 6.46% in the week ended Sept. 26, according to Mortgage Bankers Association data released Wednesday. Adjustable-rate […]
Mortgage rates rise, stalling nascent recovery in home demand Read More »
A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below): Here’s the good news. While the broader economy may still feel uncertain, there are
What Buyers Say They Need Most (And How the Market’s Responding) Read More »
The Broker Public Portal (BPP) is launching a new chapter in its effort to provide an industry-owned alternative to major home search websites — rebranding its national homebuying platform under the name Cribio. Leaders behind the project say the move reflects both a commitment to consumers and a reassertion of trust between brokers, agents and
Broker Public Portal becomes Cribio, chooses the consumer’s side Read More »