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Rates Fluctuating with Mixed Economic Data | May 31, 2024

Home Inventory Increasing as Rates Remain Stable | May 24, 2024

Inflation Data Boosts Hopes for Fed Rate Cuts by Year-End | May 17, 2024

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Mortgage Glossary of Terms

Amortization repayment of a mortgage loan through monthly installments of principal and interest; the monthly payment amount is based on a schedule that will allow…

Featured

Rates Fluctuating with Mixed Economic Data | May 31, 2024

Throughout the week, economic numbers remained the primary influencers of rate trends. Mortgages initially declined at the start of the short week following the Conference…

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Home Inventory Increasing as Rates Remain Stable | May 24, 2024

Ten-year Treasury yields remain in a narrow range of 4.35%-4.50%. Fixed-rate mortgage rates change with the 10-year Treasury yield. When it goes up or down,…

Featured

Inflation Data Boosts Hopes for Fed Rate Cuts by Year-End | May 17, 2024

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Calm Economic Week Leads to Looking Ahead | May 10, 2024

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Sticky Inflation May Keep Rates Higher for Longer | May 3, 2024

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