Mortgage rates moved lower for the second straight day as markets responded to potential de-escalation in the Iran war. Rates are based on bonds and bonds improved overnight as The President said the war could end even if the Strait of Hormuz was not yet reopened. Additional improvement followed during domestic hours based on headlines […]
Mortgage Rates Fall Back Below 6.5% Read More »
Iranian Red Crescent workers gather near an apartment hit by an airstrike in Tehran on March 30.Majid Saeedi/Photographer: Majid Saeedi/Getty Treasury Secretary Scott Bessent’s benchmark financial asset — 10-year US Treasuries — are poised to mark their biggest monthly tumble since Donald Trump returned to the White House, casting a shadow over the economic outlook
Iran war threatens Trump dream of lower interest rates Read More »
While housing affordability has improved year-over year in all of the 50 markets tracked by First American, the sizes of the gains have varied across that universe. Plus, on a comparative basis, home prices remain higher than prior to the pandemic. Processing Content A recent analysis from the company quantifies these differences. Consumers’ house-buying power
Some markets thawing in time for spring homebuying season Read More »