The post Latest mortgage news: Rates dip again, creating opportunity for homebuyers appeared first on Weekly Real Estate News.
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Mortgage financing options in a higher interest rate environment
December 24, 2022
Allen Santos
Weely Real Estate News
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Source: Consumer Financial Protection Bureau — Over the past two years, interest rates have risen from historical lows to as high as 7% for 30-year fixed-rate mortgages. Interest rates have remained elevated at levels that […]
Housing activity to remain limited by mortgage rates, home prices: Fannie Mae
January 20, 2023
Mariel Alumit
Housing Wire
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Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]
For mortgage rates to get better, we need more housing completions
January 20, 2023
Allen Santos
Housing Wire
Comments Off on For mortgage rates to get better, we need more housing completions
The Census Bureau‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders […]