Mortgage shoppers submitted 1.1% more applications for the week ending May 9 than they did at the end of April, according to the Mortgage Bankers Association. The trade group’s Refinance Index also fell 0.4%, as volatility driven by economic uncertainty appears to fade. Consumers watched rates for all but 15-year fixed-rate and jumbo mortgages rise, […]
Mortgage applications rise 1.1% as rates stabilize Read More »
Federal Reserve Vice Chair Philip Jefferson.Bloomberg News The Federal Reserve’s second-in-command is looking for solid evidence of the impact of tariffs before throwing his support behind changing interest rates. In a Wednesday morning speech, Fed Vice Chair Philip Jefferson said the central bank’s current monetary policy stance gives it the flexibility needed to respond to
Fed vice chair focused on ‘hard data’ amid uncertainty Read More »
Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you’re one of them and you’re wondering: Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible
Don’t Let Student Loans Hold You Back from Homeownership Read More »