‘Many prospective buyers are waiting for the volatility in mortgage rates to subside’: Mortgage rates hit 7.08%, Freddie Mac says
admin The numbers: The housing sector continues to face headwinds. The 30-year fixed-rate mortgage averaged 7.08%…
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BofA cuts home price growth to 0% for next 2-3 years, but still sees no major distress unfolding
Record low affordability and a dearth of houses to buy have credit analysts at BofA…
Read MoreA home buying tactic from the ’70s and ’80s is seeing a revival—here’s how it works and what buyers and sellers get out of it
Home buyers are looking for ways to whittle down their mortgage rates. As a result,…
Read More‘Incentives come in many forms’: Here are ways to lower your mortgage rate, according to this mortgage company CEO
Mortgage rates are double where they were a year ago, making home buying a much…
Read MoreThe midterm elections are coming. Here’s what that means for the U.S. housing market.
The midterm U.S. elections are coming. And elections have consequences for the housing market, according…
Read MoreProperty appraisers valued an interracial couple’s home at $310,000 when they met the Black homeowner — but gave their white partner a $350,000 valuation
Interracial couples were assigned different appraisal values for their homes in the Baltimore, Md., area…
Read MoreMortgage rates surge to 6.94%, a 20-year high, leading to steep decline in home sales
The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year…
Read MoreMortgage rates surge to the highest level since April 2002. ‘The next several months will undoubtedly be important for the economy and the housing market.’
The numbers: U.S. mortgage rates have resumed their journey upwards, hitting a 20-year high. The…
Read MoreWhen will mortgage rates go down? Brace yourself, economists warn house hunters that rates of 7% may be the ‘new normal.’
When will mortgage rates go down? And will they go down anytime soon? “Anyone forecasting…
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Mortgage rates surpass 7%, Freddie Mac says — ‘leading to greater stagnation in the housing market’
High mortgage rates continue to pressure the housing market, as the sector undergoes a deep…
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