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Mortgage Rates Spike

Freddie Mac’s most recent Primary Mortgage Market Survey shows average fixed mortgage rates moving significantly higher following the post-election sell-off in the Treasury market. “Last week’s electi...

Consumers Show Increased Caution in Home Purchase Sentiment in September

Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 2.2 points to 82.8 in September, moving further off of survey highs. Consumer caution surfaced in the September HPSI, with four of the six c...