Key Takeaways: Prequalification letters provide borrowers with an estimate of how much they can afford to borrow for a house. Prequalification relies on self-reported information and can be obtained in a matter of minutes. Sellers and agents prefer preapproval letters over prequalification letters b

Key takeaways It’s a buyer’s market in most of the U.S., meaning homebuyers have the upper hand. Even though buyers have leverage, high costs and an inventory shortage are keeping many on the sidelines, slowing the housing market to a crawl. The Sun Belt is home to the strongest buyer’s markets; the

Some Resilience After AM Weakness 10yr yields are set to end the week at the highest levels since last July, but those were even higher highs earlier this morning. From roughly 9am-1130am ET, bonds recovered all of the day's losses in a move that was led by adjustments to Fed rate hike expectat