Fairway Home Mortgage rehires Jeff Gilmore, Matt Gray team
The North Carolina-based team has logged 418 loans and $125.5M in volume year to date
NAR pending home sales index falls to record low in September
HousingWire Intelligence data showed 51,947 new pending single family sales for Oct. 16 week, down 13.1% year over year
U.S. Home-Sale Prices Ticked Up 0.25% in September
Home prices rose 0.25% nationwide in September, up slightly from 0.21% in August. Prices grew month over month in 34 of the 50 most populous U.S. metros, with the fastest growth in Philadelphia and Pittsburgh. Prices declined in 16 metros, led by Fort Worth, a major buyer’s market. U.S. home prices
Geopolitics and AI to Drive Mortgage Rates This Week as an October Fed Rate Hike Appears Unlikely
In A Nutshell: It’s a pretty light week ahead of next week’s Fed meeting, but rates are still hostage to geopolitical developments and to market views of the economic effects of AI. Last Week’s Highlights The biggest news last week was a fairly firm CPI inflation release, followed by a more innocu
