U.S. mortgage rates for Monday, May 22, were flat day over day and were up from the same time last week, according to data from Bankrate. See the best mortgage rates you may get now here. […]
The average for a 30-year, fixed loan was 6.39%, up from 6.35% last week, Freddie Mac said in a statement Thursday. While buyer demand remains strong in certain US cities, high borrowing costs and a […]
Mortgage rates increased this week as the debt limit impasse between the Republican-controlled House of Representatives and President Joe Biden’s White House continues to cause uncertainties within the market. Rising rates and home prices come with affordability challenges, mainly for first-time […]
Mortgage rates in the U.S. for Tuesday, May 16, climbed day over day and climbed from the same time last week, according to data from Bank rate. See the best mortgage rates you may get […]
The massive inflation and double-digit mortgage rates of the 1970s and early 1980s seem to haunt the Federal Reserve, which wants to cool the economy and even provoke a job-loss recession to avoid that scenario. […]
This week’s mortgage rates declined slightly, continuing a recent “sideways trend” at the low 6% mark. Rates reflected a moderation in inflation and the banking crisis, and the consequent expectation that the Federal Reserve (Fed) […]
The rate on a popular type of home loan declined this week as mortgage applications continued to climb. The average 30-year mortgage rate was 6.35% as of Thursday, according to Freddie Mac ’s weekly primary mortgage market survey. […]
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. The post Mortgage Rates Take a Drop appeared first on Weekly Real Estate News.
“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage, said of this year’s spring homebuying season. The purchase market is locked […]
Could a housing recovery possibly be underway? In March, mortgage rates ended the month over 30 basis points lower than where they started as more buyers returned to the market. Home sales prices also fell […]
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