In recent years, mortgage rates in the US have soared to their highest levels in more than two decades, leaving many potential homebuyers and sellers wary. The Federal Reserve’s efforts to combat languishing inflation […]
Home prices are plummeting at the fastest pace in more than a year, as demand for real estate sinks amid languishing sky-high mortgage rates, according to a recent report by Redfin. The report found […]
The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid-April, a modest boost for home shoppers navigating a housing market dampened by rising prices […]
Mortgage rates registered a decline in the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.02% as of May 16, down from last week when it averaged 7.09%. […]
Mortgage rates have been slowly dropping recently, which has caught some people off guard. With inflation data that is still higher than the Federal Reserve‘s target, the recent decrease has left many intrigued. Was […]
Dreams of owning a home might seem dashed for many Americans amidst soaring house prices and skyrocketing mortgage rates. But fear not, bargain hunters. A glimmer of hope shines through as a trove of affordable […]
Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. In the past two years, demand […]
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 […]
Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report. HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans […]
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected. The labor market isn’t tight anymore and that will eventually be good news for mortgage rates. […]
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