Where Are Mortgage Rates Headed?
Where Are Mortgage Rates Headed?
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American.
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There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American.
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American.
Home showings are slowing in North Texas, home inventories are finally rising, and first-time buyers are getting squeezed out of the housing market as mortgage rates rise fast, driving up the cost of monthly payments by hundreds of dollars on an average-priced house.
Home showings are slowing in North Texas, home inventories are finally rising, and first-time buyers are getting squeezed out of the housing market as mortgage rates rise fast, driving up the cost of monthly payments by hundreds of dollars on an average-priced house.
How can we tell if higher mortgage rates are doing their job to cool off home prices? Looking at trends in purchase application data is key.
The post What 5% mortgage rates mean for the housing market appeared first on HousingWire.
How can we tell if higher mortgage rates are doing their job to cool off home prices? Looking at trends in purchase application data is key.
The post What 5% mortgage rates mean for the housing market appeared first on HousingWire.
Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.
The post As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.
The post As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market appeared first on Real Estate News & Insights | realtor.com®.
Low mortgage interest rates have helped drive up home prices for a decade. What happens now that the rate for a 30-year mortgage has hit 5%?
Low mortgage interest rates have helped drive up home prices for a decade. What happens now that the rate for a 30-year mortgage has hit 5%?
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall. And one concern many Americans have is: how will this affect the hou...
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall. And one concern many Americans have is: how will this affect the hou...
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life.
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life.
The country’s largest metro areas all saw steep declines in home sales in September as would-be homebuyers wait on the sidelines. This was especially true in the Greater Toronto Area, where September sales were down 10% from August and 44% compared to last year. New listings in the GTA were down 16.7% year-over-year, which the Toronto Regional Real Estate Board (TRREB) said was the lowest number of new listings for the month of September since 2002. “We must ensure that the temporary dip ...
The country’s largest metro areas all saw steep declines in home sales in September as would-be homebuyers wait on the sidelines. This was especially true in the Greater Toronto Area, where September sales were down 10% from August and 44% compared to last year. New listings in the GTA were down 16.7% year-over-year, which the Toronto Regional Real Estate Board (TRREB) said was the lowest number of new listings for the month of September since 2002. “We must ensure that the temporary dip ...
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says: “Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . .
More than 8 out of 10 antic...
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says: “Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . .
More than 8 out of 10 antic...
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate. Where Mortgage Rates Will Go Depends on Inflation While one of the big questions on all buyers’ minds is where will mortgage rates go in the months ahead,...
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate. Where Mortgage Rates Will Go Depends on Inflation While one of the big questions on all buyers’ minds is where will mortgage rates go in the months ahead,...