“Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Chief Economist Sam Khater,
The post Mortgage Rates Drop Again appeared first on Weekly Real Estate News.
Mortgage Rates Drop Again
Housing Wire
Mortgage rates are the highest they’ve been this year. Did loan officers expect this?
“Recovery year” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more […]
Financial Markets
Are mortgage rates about to break out higher again?
Will mortgage rates break toward 8% again, making another 2024 data line that looks like a carbon copy of 2023? It’s not part of my 2024 forecast, but since the Federal Reserve likes playing […]
Weely Real Estate News
Mortgage Rates Down for First Time in Five Weeks
Mortgage rates were in decline for the first time since March, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.09% as of May 9, down […]