“Homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Freddie Mac’s Sam Khater. The post Mortgage Rates Are Up Again appeared first on Weekly Real Estate […]
Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell’s latest comments on rate hikes. To sum it up: a very strong labor market remains the main driver behind the Fed’s rate setting […]
Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell’s latest comments on rate hikes. To sum it up: a very strong labor market remains the main driver behind the Fed’s rate setting […]
Rising mortgage rates, lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022. In the title insurance industry this resulted in a […]
“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 declined again this week following the Federal Reserve‘s recent pause on monetary tightening. However, rates on home loans remain at elevated levels compared to last year and that pause looks temporary. What should we expect […]
The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. The post Mortgage Rates Down Again appeared first on Weekly Real Estate News.
Rising mortgage rates are set to cost homeowners an extra £9bn this year and into 2024, according to the Centre for Economics and Business Research. Last month’s higher-than-expected 8.7% inflation number for April sparked fears […]
Borrowers are being warned mortgage rates are set to rise further as turbulence continues to hit the market. Broker London & Country said lenders had been withdrawing deals and raising rates at a “relentless pace” […]
The U.S. debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 trillion limit until January 2025 and cap government spending. It alleviated some pressure on mortgage […]
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