Mortgage execs on alert mode for lower rates — and their side effects

Mortgage industry executives are on alert amid the global stock-market meltdown caused by fears that the Federal Reserve may have kept the federal funds rate too high for too long, which could bring the U.S. economy into recession.Tensions in the bond markets have provoked a decline in mortgage rate

U.S. Open Champ Bryson DeChambeau Lands a Buyer for Dallas Mansion With Golf Simulator

David Cannon/Getty Images; Realtor.comPro golfer Bryson DeChambeau recently sold his chic Dallas mansion.While the final price is undisclosed, the most recent asking price for the five-bedroom, 5.5-bathroom residence was $3 million. The property initially hit market in April, with a price of $3.2 mi

Stock Market Turbulence Could Trip Up Home Sales—and These Cities Could Get Hit First

Realtor.com; Getty Images (3)Stock market turbulence has recently rattled Wall Street, jolting what had been a period of steady growth. And while many experts say there’s no need to panic yet since the overall economy is in good shape, some may wonder: Might these stock market tremors have an impact

Opportunity unlocked: Mortgage rates drop to 2024 low point

The downward movement in mortgage rates over the past few months accelerated last week as a cooler-than-expected jobs report and indications of a Federal Reserve rate cut led to a steep drop in loan pricing.At HousingWire‘s Mortgage Rates Center on Tuesday, the 30-year conventional loan rate average