The post What You Need to Know About Foreclosure Rates appeared first on Weekly Real Estate News.
What You Need to Know About Foreclosure Rates
Housing Wire
Mortgage rates rise for the first time in 2023. Is volatility back?
Optimism spread across the mortgage industry at the start of 2023. Signs that the disinflationary process was working raised hopes that the Federal Reserve may stop the federal funds rate hikes sooner rather than later. Mortgage […]
Housing
U.S. Builder Confidence Falls in August, Driven by Rising Mortgage Rates
The National Association of Home Builders is reporting this week U.S. builder confidence retreated in August 2023 as rising mortgage rates and stubbornly high shelter inflation have further eroded housing affordability and put a damper […]
Mortage News
Mortgage demand drops again as rates cross back over 7%
The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest level since early March. Rates have been rising on a combination of […]