The post Mortgage costs lock out California home buyers appeared first on Weekly Real Estate News.
Mortgage costs lock out California home buyers
Housing Wire
Why industry watchers expect mortgage rates to fluctuate in coming weeks
The Federal Reserve‘s decision to raise the federal funds rate by 25 basis points on Wednesday signaled that officials are still focused on bringing down inflation to 2% while monitoring how much recent bank failures […]
New York Post
Mortgage demand takes major plunge as interest rates top 7% again
Mortgage demand took a massive hit last week, with application volume down a whopping 10.6% compared with the previous week as interest rates surged over 7% — their highest level since early December. According […]
Mortage News
New Home Sales Below Trend But Still Outperforming Existing Homes
The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially reported) to 679k in October. While this number is below the long […]