New mortgage payments ease for second straight month in July

“The robustness of the nominal economy both increases the risks of inflation persistence and reduces the risks that hikes will cause a recession,” he wrote. It is a view consistent with the directional shift mortgage professionals have been tracking for months. Mortgage Bankers Association’s chief economist Mike Fratantoni, senior vice president at the MBA, identified…

Decent Mid-Day Recovery But No Change to Bigger Picture 1 Hour, 39 Min ago Decent Mid-Day Recovery But No Change to Bigger Picture Monday wasn’t too different from last Friday in that the bond market began the day with AM volatility that gave way to minimally changed yields by the close. The…

Mortgage delinquencies eased in the second quarter, but compared to a year ago, the numbers showed many of today’s homeowners are still struggling beneath the weight of financial strain, the leading industry trade group said.  Processing Content The delinquency rate for single-family residential units jumped 44 basis points from a year ago to a seasonally…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 04, 2026 Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. For release at 11:00 a.m. EDT…

And some commentators say the housing crisis won’t be resolved without a laser focus on the main problem: the fact that eyewatering home prices are making it almost impossible for many buyers to put together the money needed. That’s particularly true in markets like Toronto and Vancouver, where average prices remain well above what many…

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