The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022.
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Mortgage Rates Go Up, Up and Away
Housing Wire
Mortgage rates should drop below 7% as housing demand picks up
What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we […]
Housing
Housing Market Predictions For 2023: Are Home Prices Finally Becoming Affordable?
Could a housing recovery possibly be underway? In March, mortgage rates ended the month over 30 basis points lower than where they started as more buyers returned to the market. Home sales prices also fell […]
Weely Real Estate News
Mortgage Rates Continue to Rise
Mortgage rates continued to soar deeper into the 7% range in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.17% as of April 25, up from […]