The post Mortgage Rates Surge as Inflation Lingers appeared first on Weekly Real Estate News.
Mortgage Rates Surge as Inflation Lingers
Daily Real-estate News
Yun: Slowing Inflation Suggests Mortgage Rates Have Topped Out
Inflation eased slightly in July, which could bode well for the housing market in the months ahead, says Lawrence Yun, chief economist for the National Association of REALTORS(R). Overall, inflation slowed from 9.1% in June […]
Housing Bubble
Lower mortgage rates boost US home sales in February
WASHINGTON, March 21 (Reuters) – U.S. existing home sales rebounded more than expected in February as lower mortgage rates and the first year-on-year decrease in prices in 11 years pulled buyers back into the market, […]
Housing Wire
Consumers point to mortgage rates, not home prices, as key barrier to affordability
Elevated mortgage rates continue to dampen already-pessimistic consumer housing sentiment and create affordability woes for both homebuyers and sellers. That feeling is underscored in Fannie Mae’s latest Home Price Sentiment Index (HPSI), which decreased by […]