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When will the Fed's moves alleviate the lock-in effect? - HousingWire
HousingWire· 1 day agoPowell was referring to the current situation in which homeowners holding historically low rate...
Today's mortgage rates rise for 30-year terms while 15-year terms hold steady | June 11, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of June 11, which is 0.115...
Will home equity loan rates drop after the June Fed meeting? Here's what experts predict
CBS News· 4 days agoInflation dropped slightly in April to 3.4%, but is still below the Federal Reserve's target goal....
Home affordability is slipping further away for first-time buyers
Deseret News via Yahoo Finance· 6 hours agoRising home prices and mortgage rates place Salt Lake City high on the list of unaffordable metros,...
Mortgage rates on the decline while applications rise: Freddie Mac
FOX Business· 11 hours agoThe average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie...
Current National Refinance Rates: June 12, 2024—Rates Climb
Forbes· 3 days agoThe rate on a 30-year fixed refinance jumped today. The average rate for refinancing a 30-year fixed...
Turning Renters into Homeowners
RISMedia Real Estate News· 12 hours agoIn today's evolving housing market, the dream of homeownership may seem distant for many first-time homebuyers or renters. Rising interest
Rate-and-term refi locks jump 25.6% in May: Optimal Blue
HousingWire via Yahoo Finance· 1 day agoBased on other measures...decline in purchase lock counts, a “key market health indicator that...
Mortgage Rates Inch Down. Housing Is Still a Mess.
Barrons.com· 1 day agoBut the mortgage rate lock-in effect—a term for homeowners’ tendency to keep their homes off the market when current mortgage rates far exceed the
What the Fed’s continued rate pause means for homebuyers and sellers
San Jose Mercury News· 9 hours agoThe central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse...