WS1140: Weekly Investor Update: November 28 to December 4, 2021

Pending home sales jump 7.5% in October More buyers have signed contracts to purchase homes much sooner due to fast-increasing rents and expectations of mortgage rate hikes. Mortgage rates rise for third consecutive week Mortgage rates rose to 3.31%, reducing the refinance incentive for many borrowers. More homebuyers can now qualify for more expensive loans The baseline conforming loan limit for 2022 will be $647,200, up nearly $100,000 from last year's limit. Analysts: Take adva...