The 30-year fixed just hit an 11-month high and purchase applications went up anyway. Here’s why pent-up buyer demand and a shift in affordability thinking are driving the market more than rate headlines or inventory.
A record 19.1% of buyers are searching outside their home market. Moving somewhere cheaper can work, but the math is more specific than most people realize. Here’s what to actually compare before you relocate for affordability.
Builders are packaging $15,000–$60,000 in rate buydowns and incentives, giving new construction buyers rates roughly half a point below resale. Here’s what the incentives actually cost, why resale sellers struggle to compete, and how buyers can run the real comparison before signing anything.
Fannie Mae and Freddie Mac now let lenders choose between Classic FICO, VantageScore 4.0, and FICO 10T. Here is what that actually means for borrowers, explained by someone who watched the original FICO thresholds get built from real loan performance data at Bank of America.
Rates moved last week and the Fed had nothing to do with it. The U.S.-Iran conflict repriced mortgage-backed securities in real time. Here is what 37 years in lending tells you to do when geopolitics drives your rate quote.