HOUSING MARKET IN ‘RECESSION’ Bessent Says Housing Market In ‘Recession,’ Urges Fed To Act Faster On Rates via themortgagepoint.com—Treasury Secretary Scott Bessent said in a Sunday interview that some sectors of the economy are in a recession or at risk … Read More
MORTGAGE RATES HIT 2025 LOW, OFFERING HOPE FOR A SLUGGISH HOUSING MARKET via themortgagepoint.com—Due to a decline in 10-year Treasury yields and heightened economic uncertainty brought on by the prolonged federal government shutdown, mortgage rates dropped Thursday, October 23, to … Read More
HOME SALES REBOUND IN SEPTEMBER INVENTORY HITS FIVE-YEAR HIGH via themortgagepoint.com—Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of REALTORS Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and … Read More