“Homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Freddie Mac’s Sam Khater.
The post Mortgage Rates Are Up Again appeared first on Weekly Real Estate News.
Mortgage Rates Are Up Again
Weely Real Estate News
Mortgage Rates Continue to Plummet
The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) finds mortgage rates in a continued decline. The 30-year fixed-rate mortgage averaged 7.03% as of Dec. 7, down from last week when it […]
New York Post
Home sales drop for first time since December as stiff mortgage rates sideline buyers
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied US homes fell 4.3% in March from the previous month to […]
Home Values
Buyers are walking away from new homes due to rising interest rates
Mortgage rates were at record lows of 3% or even less in some cases last year. Yet, a series of sudden increases have sent mortgage rates to 5.3% as of this week. The resulting increases […]