The post Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates appeared first on Weekly Real Estate News.
Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates
Housing Bubble
Housing market inventory keeps declining and that’s bad news for homebuyers
We’re revisiting housing inventory today because it’s one of the key sticking points that’s keeping home prices elevated and buyers wary. Jerome Powell said last week that housing activity is bottoming and could be improving already — […]
Housing Wire
Mortgage forbearance improves as pandemic emergency draws to a close
As the COVID-19 national emergency draws to a close, the forbearance rate has decreased month over month, according to a report from the Mortgage Bankers Association (MBA) on Monday. While the MBA still expects a […]
International
Average mortgage rates edge up again after brief fall, market data shows
Fixed mortgage rates have risen again after a brief fall, according to the latest market data. The average two-year homeowner mortgage rate on the market edged back up to 6.8% on Friday from 6.79% yesterday, […]