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Recently, the director of the Federal Housing Finance Agency (FHFA) issued a statement clarifying the agency’s rationale for changes to loan level pricing adjustment (LLPA) fees going into effect on May 1. The changes have created […]
Housing expert: ‘We can expect mortgage rates to go down’
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Allen Santos
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The post Housing expert: ‘We can expect mortgage rates to go down’ appeared first on Weekly Real Estate News.
A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports
February 9, 2023
Mariel Alumit
Weely Real Estate News
Comments Off on A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports
Feb. 9, 2023 (Staff Writer)- A rapid rise in mortgage interest rates depressed housing affordability in California during the fourth quarter of 2022 and pushed the statewide affordability index for an existing, single-family home to […]