News

New-Home Sales Jumped in March as Buyers Took Advantage of Lower Prices and Dip in Mortgage Rates
Notably, the national gain in sales was driven almost entirely by a surge in the South, where new-home sales rose 13.6% on ...
The Fed's Next Move Is Coming Soon. Here's What to Expect for Mortgage Rates.
The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how ...
This successful mortgage lender predicts rates will drop in 2025 — unless tariffs crash the economy
By any standard, Shant Banosian’s success in the mortgage business over the last 18 years has been remarkable. He’s not just ...
Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding ...
Average Tennessee mortgage debt increased to $217,863 in 2024
Mortgage balances increased the most in Florida, Massachusetts and Tennessee, where balances grew by close to 5% in 2024.
Mortgage applications jump 20% as rates hit a six-month low — and this is the No. 1 lender of April 2025
We analyzed “best mortgage lender” reviews from 7 major financial sites in America to find which lenders were the most ...
Sub-4% mortgage rates on the rise: should you get a deal now or wait?
On a standard variable rate (SVR) mortgage: if you're able to switch to another deal, do so as soon as you can. You're likely ...
Resale housing market stalls as mortgage rates drive steepest monthly sales decline since 2022
The resale housing market stalled in March during a critical selling season as elevated mortgage rates sidelined buyers, ...