Weekly mortgage demand falls, but size of average homebuyer loan hits record
Sharp gains in home prices and a slight rise in interest rates combined to weaken demand for mortgages last week.
Fed will need to reassure the market it's not thinking about dialing back its support
Markets figure that as long as the Fed keeps pumping, then it's safe to keep buying.
Tilman Fertitta optimistic on U.S. economy post-Covid: 'This is going to be the Roaring Twenties'
"The consumer is coming back. I'm telling you, where we can do business, we are doing business," Tilman Fertitta told CNBC.
November home prices rose 9.5%, one of the highest gains on record, Case-Shiller says
Strong growth in home prices is showing no signs of abating, thanks to high buyer demand and a record low supply of homes for sale.
Jobless claims show modest decline as Congress works on more stimulus
Jobless claims for the week ended Jan. 16 totaled 900,000, the Labor Department reported, slightly better than the Wall Street estimate of 925,000.
Spike in lumber and land prices causes homebuilder confidence to fall from epic high
The rising costs of getting homes built is making builders less optimistic.
Weekly mortgage refinance demand drops 5% after rates hit highest level since November
Several weeks of rising rates are dousing what was incredibly high demand for refinancing, according to Mortgage Bankers Association data.