The post U.S. Existing-Home Sales Slid Last Year as Interest Rates Surged appeared first on Weekly Real Estate News.
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Washington CNN — Mortgage rates shot up for the third-straight week, as inflation concerns make rates more volatile. The 30-year fixed-rate mortgage averaged 6.5% in the week ending February 23, up from 6.32% the week before, […]
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The post U.S. Homebuyers Start To Regain Upper Hand in 2023 appeared first on Weekly Real Estate News.
Mortgage Applications Slow Their Pace, But Rates Should Help Soon
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Allen Santos
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Mortgage activity slowed significantly last week, pulling the Mortgage Bankers Association’s (MBA’s) Market Composite lower after three weeks of gains. The Index, a measure of loan application volume, decreased 9.0 percent on a seasonally adjusted […]