For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.
Read More »Survey: Economic Soundness Means Owning a Home
By all available means, data, and metrics, housing prices are still soaring. The growth seen by the typical single-family home over the past two years has been blistering and surprisingly consistent and at some point, something must give way, and ...
Read More »The Road Ahead for Mortgage & Housing
Greg McBride is the SVP and Chief Financial Analyst for Bankrate.com, with over two decades' worth of experience in personal finance. A regular staple the cable news scene, McBride regularly provides insights on the financial landscape to networks such as CNN, CNBC, and Fox ...
Read More »Mortgage Surveys Say It’s Time to Get a Mortgage
Good news for buyers: it’s a great time to get a mortgage. Today’s 30-year fixed rate mortgage is 2 percentage points lower than the average over the last 25 years. According to a weekly national survey, 30-year fixed mortgages rates remain at the lowest level in seven months.
Read More »Market Perspective: It’s Not the Knowns, it’s the Unknowns that Worry You
Will there be another financial crisis similar to the one the U.S. experienced in 2007-08? We've taken some precautions, said Bankrate.com Senior Economic Analyst Mark Hamrick says it's the problems that have not been defined that we need to worry about.
Read More »TRID: Into the Great Unknown
The fact that there is no transition period between using the HUD-1 and the new Closing Disclosure Form might be problematic, according to Bankrate.com senior mortgage analyst Holden Lewis.
Read More »Mortgage Rates Continue Downward Slide
In its Primary Mortgage Market Survey, Freddie Mac clocked the 30-year fixed-rate mortgage (FRM) at an average 4.21 percent (0.6 point), down from 4.29 percent and the lowest level since late last year. A year ago, the 30-year FRM averaged 3.42 percent. The 15-year FRM also moved down, dipping to 3.32 percent (0.6 point) from 3.38 percent in last week’s survey.
Read More »