The post 30-year fixed mortgage rates still ‘keeping some people away’ from buying a house: Realtor appeared first on Weekly Real Estate News.
30-year fixed mortgage rates still ‘keeping some people away’ from buying a house: Realtor
Housing Wire
Homebuyers made larger down payments as mortgage rates surged in Q3: Realtor.com
Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in […]
Financial Markets
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan
Source: CNBC — It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed […]
Economy
Mortgage Rates Hit 20-Year High As Rising Inflation Fuels Economic Woes
Mortgage rates surged close to 7% this week, breaking another record-high not seen in two decades as inflation pressures mount and home shoppers retreat even further from the housing market. The average 30-year, fixed-rate mortgage jumped to […]