Existing Home Sales Treading Same Old Water
If you're busy, we can make this quick. Existing home sales dropped sharply from over 6m units per year starting in 2022 and had bottomed out around 4m units per year by the end of 2023. They've done essentially nothing exciting since then and the latest update is no exception. The end. If you pref
Only a Modest Decline For Mortgage Apps. Next Week Should Improve
Mortgage applications continued to lose ground as mortgage rates held near their highest levels in nearly three years. The Mortgage Bankers Association (MBA) reported a 2.7% decline in total mortgage application volume for the week ending October 9. That's an important date, because a substantial ma
First Horizon sells $4.5B mortgage portfolio at discount
Bank is moving to align its mortgage production more closely with core relationship clients
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