Mortgage Rates Hold Near July Lows Ahead of Jobs Report

Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in order for prevailing levels to be maintained. In other words, bonds had begun losing ground yesterday, but not enough for mortgage lenders to go to the trouble of re-issuing rates (something th

Are Home Prices Dropping? In a Fractured National Market, It Depends on Where You Live

Mortgage Rates Moving Down Again

After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified that the word "began" implies a certain likelihood of continuation whereas no such likelihoods can be guaranteed when it comes to the bond/rate marke

NYC Rents Have Skyrocketed: Bronx Rent Up 61% Since 2019, while its Rent-to-Income Ratio Reaches 81.6%