The post 30-year fixed mortgage rates still ‘keeping some people away’ from buying a house: Realtor appeared first on Weekly Real Estate News.
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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 […]
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Comments Off on Could 7% Mortgage Rates Finally Sink Home Prices?
KEY TAKEAWAYS The average rate on a 30-year mortgage has risen to a 21-year high, putting more pressure on homebuyers. Home prices have stayed resilient even amid higher mortgage rates because the low number of […]
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Comments Off on Mortgage rates poised to drop to 5.5% in 2024: Bloomberg
Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will […]