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Mortgage Rates Poised To Drop To 5.5% In 2024: Bloomberg

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% by the end of this year. Most forecasts call for rates to bounce

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Here Are The Top 10 Reverse Mortgage Securities Issuers For 2023

Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent years. One thing that is much different compared to 2022, however, is total issuance. Here are the top

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Home Sales Are Growing. Will It Continue?: Altos

Last week, the National Association of Realtors released their December pending sales data. The headline was an impressive 8% jump over December of 2022.  If you’ve been following along with the Altos data, you’ll know that home sales have been expanding for two months now. They obviously picked up in

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