Mortgage demand for new homes jumped in October as the inventory for existing homes remained depleted.Mortgage applications for new-home purchases rose 39.7% in October on a year-over-year basis and were up 6% from the previous month, according to the Mortgage Bankers Association (MBA) Builder Appli

Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday.Fitch said its neutral outlook is underpinned by Fitch’s view that mortgage rates are near peak levels. Alth

Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months.Builder confidence dropped six points to 34 in November, the fourth consecutive monthly drop, according to the National Association of Home Builde

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest rates steady in December, according to the CME Group’s FedWatch tool.The 30-year, fixed mortgage averaged at 7.4