Is 4% the “Magic Number” for Mortgage Rates to Prick the Housing Market (and Stocks)?
Is 4% the “Magic Number” for Mortgage Rates to Prick the Housing Market (and Stocks)?
The Magic Number in 2018 was around 4.8%. In 2006, it was around 6%. But with today’s super-inflated home prices? Here are the signs.
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The Magic Number in 2018 was around 4.8%. In 2006, it was around 6%. But with today’s super-inflated home prices? Here are the signs.
The Magic Number in 2018 was around 4.8%. In 2006, it was around 6%. But with today’s super-inflated home prices? Here are the signs.
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.
Pending home sales dropped 1.2% in March, according to the monthly index released by the National Association of Realtors.
The post ‘The Spring Housing Market Is Off to an Unpredictable Start’: Pending Home Sales Fall Amid Rising Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Pending home sales dropped 1.2% in March, according to the monthly index released by the National Association of Realtors.
The post ‘The Spring Housing Market Is Off to an Unpredictable Start’: Pending Home Sales Fall Amid Rising Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Chris Rupkey of Fwdbonds says mortgage rates in the U.S. so far this year have seen one of biggest jumps since the 1990s.
Chris Rupkey of Fwdbonds says mortgage rates in the U.S. so far this year have seen one of biggest jumps since the 1990s.
Award-winning real estate coaches Tim & Julie Harris discuss the magic number of listings that you must have at all times to meet your income goals.
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Award-winning real estate coaches Tim & Julie Harris discuss the magic number of listings that you must have at all times to meet your income goals.
Join us every weekday at 12pm Pacific Time for the Real Estate Coaching Radio "Daily Coaching Call", which provides an engaging, entertaining mixture of news, discussion, coaching and guest interviews to help you achieve success in real estate.
Take Action Now: Schedule a Free 1-on-1 Coaching Call
Learn more about your ad choices. Visit megaphone...
Award-winning real estate coaches Tim & Julie Harris discuss the magic number of listings that you must have at all times to meet your income goals.
Join us every weekday at 12pm Pacific Time for the Real Estate Coaching Radio "Daily Coaching Call", which provides an engaging, entertaining mixture of news, discussion, coaching and guest interviews to help you achieve success in real estate.
Take Action Now: Schedule a Free 1-on-1 Coaching Call or Register for a Coaching Webinar
Learn more abo...
Award-winning real estate coaches Tim & Julie Harris discuss the magic number of listings that you must have at all times to meet your income goals.
Join us every weekday at 12pm Pacific Time for the Real Estate Coaching Radio "Daily Coaching Call", which provides an engaging, entertaining mixture of news, discussion, coaching and guest interviews to help you achieve success in real estate.
Take Action Now: Schedule a Free 1-on-1 Coaching Call or Register for a Coaching Webinar
Learn more abo...
Remember way back in 2010, when the Associated Press declared that “the era of record-low mortgage rates is over”? Or a few years later in 2013 when 4% mortgage rates were widely described as “soaring”? Pepperidge Farm remembers. Mortgage rates have been a frequent topic of discussion on these pages over the years since they have such a large impact on the housing market. Here are a few of our headlines over the years… April 2012: Will Higher Interest Rates Kill the Housing Market? Sep...
Remember way back in 2010, when the Associated Press declared that “the era of record-low mortgage rates is over”? Or a few years later in 2013 when 4% mortgage rates were widely described as “soaring”? Pepperidge Farm remembers. Mortgage rates have been a frequent topic of discussion on these pages over the years since they have such a large impact on the housing market. Here are a few of our headlines over the years… April 2012: Will Higher Interest Rates Kill the Housing Market? Sep...
In the latest HW+ member community Q&A, HousingWire Lead Analyst Logan Mohtashami discusses what homebuilder data we need to watch out for in the coming months now that rates are rising.
The post Here’s why the housing market needs higher mortgage rates appeared first on HousingWire.
In the latest HW+ member community Q&A, HousingWire Lead Analyst Logan Mohtashami discusses what homebuilder data we need to watch out for in the coming months now that rates are rising.
The post Here’s why the housing market needs higher mortgage rates appeared first on HousingWire.
Surging mortgage interest rates are slamming the brakes on the housing market. Higher mortgage rates, which climbed past 6% last week, are likely to eventually douse the relentless escalation of home prices. But their most immediate impact will be to force many buyers to put their dreams on hold as the cost of homeownership slips out of their financial reach. “Whenever you get mortgage rates moving up that fast, it’s just a shock to the system. It almost paralyzes potential homebuyers,” sa...
Surging mortgage interest rates are slamming the brakes on the housing market. Higher mortgage rates, which climbed past 6% last week, are likely to eventually douse the relentless escalation of home prices. But their most immediate impact will be to force many buyers to put their dreams on hold as the cost of homeownership slips out of their financial reach. “Whenever you get mortgage rates moving up that fast, it’s just a shock to the system. It almost paralyzes potential homebuyers,” sa...
4 Things to Know About the Current Housing Market Blog posted On July 19, 2022
2022 has been a whirlwind for the housing market. Mortgage rates have been steadily climbing since the beginning of the year, inflation has hit a 40-year high, and home prices are soaring. But it’s not all bad news. In fact, several market conditions are beginning to shift in favor of home buyers. Danielle Hale, chief economist at Realtor.com, shed some light with four things buyers shoul...
4 Things to Know About the Current Housing Market Blog posted On July 19, 2022
2022 has been a whirlwind for the housing market. Mortgage rates have been steadily climbing since the beginning of the year, inflation has hit a 40-year high, and home prices are soaring. But it’s not all bad news. In fact, several market conditions are beginning to shift in favor of home buyers. Danielle Hale, chief economist at Realtor.com, shed some light with four things buyers shoul...