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What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 6 days agoThat’s because individual life events that prompt a home purchase — the birth of a child, marriage,...
Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen
RISMedia Real Estate News· 4 days agoEditor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon.
NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
RISMedia Real Estate News· 5 hours agoThe National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from ...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 7 days agomortgage application volume — down in the last week, according to the Mortgage Bankers Association...
Mortgage rates May 2024: Housing market prediction for this month
Newsweek· 7 days agoHousing experts say mortgage rates are likely to hover in the 7 percent range in May, amid elevated...
Average Long-Term US Mortgage Rate Rises for Again, Reaching Highest Level More Than Five Months
US News & World Report· 5 days agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds ...
Mortgage Rates Increase for Fifth-Straight Week
RISMedia Real Estate News· 5 days agoThe 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%,
Homeownership Hopes Plummet: Renters Face Steeper Climb Amid Surging Costs And Rates
Benzinga via Yahoo Finance· 6 hours agoWith soaring housing costs and elevated interest rates acting as barriers, the dream of owning a...
Average long-term US mortgage rate rises for again, reaching highest level more than five months
Seattle Times· 5 days agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage...
Mortgage demand continues to fall as rates soar - HousingWire
HousingWire· 6 days agoMortgage demand dipped last week as mortgage rates reached their highest levels since November 2023.