Mortgages

Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.

Following the third most active season on record, the 2022 forecast predicts La Niña will drive increased Atlantic storm development.

Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.

Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.

The latest Federal Reserve move to combat inflation led to a weekly increase of more than 50 basis points.

Lumber prices have wavered, but gypsum, steel and transportation were still on the rise in the past month, according to a National Association of Home Builders analysis.

But a slower-than-anticipated rate of repossessions suggest distressed homeowners are finding solutions.

Rising interest rates eliminated any refinance incentive for 30% of the loans analyzed by Standard & Poor's, marking a turnaround from the start of the year when prepay speeds were expected to increase

New-home borrowers eyeing things like rising commuting costs could add at-home amenities instead so long as they remain relatively affordable, one take on a National Association of Home Builders report suggests.

A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.