US mortgage applications for home purchases declined to a five-week low even as rates eased from the highest level since late January. The Mortgage Bankers Association’s index of applications for home purchases decreased 4.4% to 155 in the week ended May 30, which included the Memorial Day holiday. The contract rate on a 30-year mortgage […]
US home purchase applications gauge declines to a five-week low Read More »
(Bloomberg) — KKR & Co. has a record volume of commercial-property financings lined up, and expects more deals as property prices reset and other lenders pull back amid market volatility. The investment firm’s pipeline has reached an all-time high of $42 billion, the second such record set this year, according to a Tuesday note by
KKR builds record $42 billion private real estate loan pipeline Read More »
A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment
Understanding Today’s Mortgage Rates: Is 3% Coming Back? Read More »