• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Morty Blog Logo

Morty Blog

Our thoughts on home buying, mortgages, and more!

  • Homebuying 101
  • Money Matters
  • Home Improvement
  • Customer Stories
  • Visit Morty

Series: The Morty Report

Mortgage applications jump as buyer optimism returns

January 27, 2023

Buyer energy has returned to the market with benchmarks showing mortgage rates hitting some of their lowest levels since September in the past week. While they have ticked up again over the past few days, reflecting continued rate volatility in the market, some signs show that buyer optimism has renewed – overall mortgage applications jumped 7% as of Wednesday, January 25. … [Read more...] about Mortgage applications jump as buyer optimism returns

Positive signs in the housing market as rates dip

January 18, 2023

January is looking brighter for homebuyers Newly released data shows the Consumer Price Index (CPI) rose 6.5% annually, reflecting a dip in the inflation we’ve seen over the past year. While inflation remains elevated, this marks two months of positive signs. So what does this mean for homebuyers? On the whole, a few moderately positive indicators and a lack of any … [Read more...] about Positive signs in the housing market as rates dip

Looking ahead to 2023

December 29, 2022

What homebuyers should know as  2022 comes to a close It’s certainly been a volatile year for the housing and mortgage market. In January, rates hovered just above 3%, sustaining high demand from buyers. But in March the Federal Reserve began a series of rate hikes that have continued throughout the year. Mortgage rates rose higher in turn, eclipsing 7% in October to … [Read more...] about Looking ahead to 2023

Lower rates at last?

December 16, 2022

Inflation shows some improvement, but how does it impact homebuyers? This week, the Federal Reserve raised interest rates again, this time by .5%. While an increase is still an increase – interest rates now sit at their highest levels since 2007 – it’s lower than the .75% rate hikes we saw at the last four Fed meetings, stretching back to June. The move also comes on the … [Read more...] about Lower rates at last?

Where are home prices headed?

December 1, 2022

Experts look ahead to 2023, but conditions are tough to predict Heading towards the end of the year, we’re seeing a lot of discussion around home prices, along with projections on where they may be headed in the coming months.  The National Association of Realtors’ Chief Economist, Lawrence Yun, believes that prices will remain relatively stable in 2023, varying by … [Read more...] about Where are home prices headed?

The Fed’s rate hike: a guide for homebuyers

November 4, 2022

The market is changing quickly, as the Fed raises rates again This week, the Federal Reserve met and issued another interest rate hike as it works to bring the rate of inflation back to 2% (it came in at 8.2% in September). For homebuyers, rate hikes have contributed to volatility in the secondary mortgage market (where mortgages are bundled and sold as securities), helping … [Read more...] about The Fed’s rate hike: a guide for homebuyers

What to expect with rates as a volatile market adjusts

September 30, 2022

Rates rise again, but volatility remains a constant Even as competition and inventory constraints loosen things up a bit, rising rates have kept affordability a challenge for buyers. We’ve seen significant volatility recently, not just in the wake of a much-expected rate hike from the Federal Reserve, but from world economic events like those surrounding the central … [Read more...] about What to expect with rates as a volatile market adjusts

The Fed’s latest rate hike: here’s what homebuyers need to know

September 27, 2022

You may have heard that the Federal Reserve raised the federal funds rate by .75% on Wednesday. This rate controls how expensive it is for banks to borrow and lend from each other – which influences how much it costs for most consumers to borrow money, too.  What does this news mean for mortgage rates and your homebuying journey? Here’s what you should know about the … [Read more...] about The Fed’s latest rate hike: here’s what homebuyers need to know

Does homebuying have ‘seasons?’

September 26, 2022

Seasons change, but do they change the market, too? Whether it’s the end of a lease or the start of a new job, there are often deadlines driving the home search. But regardless of what’s on the calendar, buyers almost always want to know about seasonality and whether it’s the “right” time of the year to buy.  We typically see activity drop slightly this time of year … [Read more...] about Does homebuying have ‘seasons?’

The lowdown on low-down payment mortgages

September 19, 2022

A new zero-down option, plus more ways to put down less on your home This week, Bank of America announced a “no-down” mortgage program called the Community Affordable Loan Solution, aimed at closing the racial homeownership gap. It’s the latest of various no- and low-down payment mortgage options, as growing numbers of buyers seek more affordable paths to becoming … [Read more...] about The lowdown on low-down payment mortgages

Next Page »

Primary Sidebar

More to See

Positive signs in the housing market as rates dip

Looking ahead to 2023

Lower rates at last?

Where are home prices headed?

Affordability first: FHA loans now available

The Fed’s latest rate hike: here’s what homebuyers need to know

The lowdown on low-down payment mortgages

Getting it right the first time: simple steps for first-time homebuyers

Are home prices *really* falling?

Ready, set, prep: first steps before you buy a home

What the ‘new normal’ means for buyers

How Does Rent-to-Own Work?

The upside to higher rates

What are the Most Common Mortgage Loan Types?

Affordable homes in 2022? Yes – in these markets

Buyer power shifts as affordability falters

Get HomeReady: An Affordable Mortgage Program You Might Have Missed

The ABCs of ARMs: How Adjustable-Rate Mortgages Work

More Loan Options, In More Places

Then and Now: The State of Female Homeownership

What is a Jumbo Mortgage? Everything You Need to Know

How to Buy a House With No Money Down in 2022

Home Appraisal Checklist for Success

When Does a Mortgage Pre-approval Expire?

How Much Is My House Worth?

Advancing Our Consumer-Centric Mortgage Mission

6 Annoying But True Reasons Closing Dates Move

Footer

Morty Logo
Morty is a licensed mortgage broker.

NMLS ID # 1429243
NMLS Consumer Access

All loans originated by Morty are funded by third party lenders. Morty, Inc. is authorized to do business as “Morty” in certain states.

Morty is an equal housing lender.

Company

  • How it works
  • About us
  • Licenses
  • Closing Date Promise
  • Terms of Service
  • Privacy Policy
  • Join our Team

Search

Connect

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2023