Homebuyers these days are facing much higher costs of ownership compared to a year ago, pushing most to the sidelines. Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen […]
“Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s chief economist. The post Mortgage Rates Down Slightly This Week appeared first on Weekly Real Estate News.
High home prices and mortgage rates are continuing to constrain affordability in housing markets nationwide. As a result, consumers’ perceptions on home buying and selling have further diverged. Fannie Mae‘s Home Purchase Sentiment Index (HPSI) […]
(Reuters) – Britain’s largest mortgage provider Halifax will ramp up interest rates for new home loans on Wednesday, according to pricing provided to brokers, the latest major lender to do so in response to soaring […]
Hundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest data reveals. […]
With home prices in South Florida still on the rise, the ebb and flow of mortgage rates are making the market tricky for buyers and sellers. Mortgage rates reached 6.9% this week, the highest level […]
Mortgage rates jumped last week amid a debt ceiling impasse and expectations of another federal funds rate hike. However, rates have started to reverse course over the last few days, following news of a debt […]
With mortgage rates currently at 7.04%, many first-time homebuyers – typically millennials – will be forced to continue to rent. But the U.S. housing market is not a monolith, so today we’re going to look at […]
The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden’s White House is adding pressure to a shrinking mortgage market. Amid the rising risk of government default, mortgage rates increased to […]
The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022. The post Mortgage Rates Go Up, Up and Away appeared first on Weekly Real Estate News.
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