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The Latest Articles From the FNF Newsdesk:

The average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon
...2.1% from October. Affordability continues to be a challenge across the housing market, with spiking mortgage rates pushing homeownership out of reach for many people who are continuing to rent...

Mortgage credit loosens for first time in nine months
...programs being offered." ARM offerings typically attract more borrower attention when mortgage rates rise. The MBA defines conforming loans at those at or below $647,200; since September, in...

Mortgage rates fall for the fourth week in a row
CNN  —  Mortgage rates dipped again this week, marking the fourth straight week of falling rates. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6...

Is The Housing Market Slowing Down: Redfin 2023 Predictions
...EST|Press play to listen to this article! Got it! Key takeaways As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down Real estate brokerage...

Mortgage Credit Availability Increased in November
...a challenging environment brought on by higher rates and a much slower housing market,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Jumbo credit availability saw a 4 percent...

Mortgage Rates on Dec. 8, 2022: Rates Slip
Today some major mortgage rates decreased, though rates remain high compared to earlier this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A few...

Foreclosures surge from a year ago but slow on a monthly basis
...they declined from last month, and lenders often put a moratorium on foreclosures during the holiday season." A federal moratorium on foreclosures enacted during the COVID-19 pandemic expired...

Carrington markets second liens to existing servicing customers
...relative to cash-out refinances because they don't upend borrowers' lower primary mortgage rates. The rollout is currently limited to existing customers, but an executive at the company said...

Mortgage applications decline for second consecutive week
...volume increased to 28.7% from 26.1%. A recent pullback in mortgage rates has done little to significantly turn around the outlook for refinances, with many homeowners already benefiting from...

December Fed Meeting Preview: How many more giant rate hikes are left? ‘This is where it becomes the tough part’
...to back off for “risk management” purposes. The rapid slowdown in the housing market, coupled with a rapid tightening of financial conditions, illustrates just how much its massive, rapid rate...