Interest Rates

The New Battle in Divorce: Who Gets Custody of the Low Mortgage Rate?

Published by REALTOR.com | January 23, 2024 When a marriage splits up, the question of who walks away with the lower mortgage rate sparks far more than casual jealousy When Ann Shea, 44, was finalizing a divorce last year, she knew she wanted to keep the suburban Chicago home where she was raising her school-age …

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What Happens With Mortgages if There’s a Recession?

Published by Real Estate News | December 18, 2023 Even if the hoped-for economic “soft landing” isn’t so soft, don’t expect to see a wave of short sales and foreclosures this year. Though mortgage rate relief appears to be on the horizon, it’s still anyone’s guess which direction the housing market will go in 2024. The …

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Mortgage Rate Forecasts For 2024 Signal A Comeback For Real Estate

Published by Forbes.com | January 5, 2024 Falling mortgage rates will make it easier to buy homes this year, economists say. Economists predict the real estate market will recover in 2024 after a spike in mortgage rates and a shortage of properties sent sales tumbling to a 28-year low in 2023. Home sales likely will climb …

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The Magic Number: What Mortgage Rates Would Get Buyers and Sellers Excited To Move?

Published by REALTOR.com | November 29, 2023 The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers to the sidelines. Lately, the universe has hit the pause button on the housing market. The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers …

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Mortgage Rates Fall Again: Is a ‘Balanced Housing Market’ Finally on the Horizon?

Published by REALTOR.com | November 17, 2023 This downward trend in mortgage rates is one sign that 2024 might be a happy year for home shoppers. With just about six more weeks to go in 2023, the tough housing market might finish the year with a surprise. Mortgage rates fell for the third week in a …

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What’s Pushing Inflation Down? More Goods, Workers and Housing

Published by Breitbart News | November 15, 2023 Long past its painful peak, inflation in the United States may be heading steadily back toward its pre-pandemic levels, without the need for further interest rate hikes by the Federal Reserve Such a scenario became more likely, if hardly guaranteed, after Tuesday’s surprisingly tame report on consumer …

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Millennials Feel They Missed ‘Golden Opportunity’ to Buy a Home

Published by FOX Business | September 16, 2023 With such barriers into the housing market, about 1 in 5 millennials don’t believe they will ever buy a home, according to a recent survey conduced by real estate brokerage Redfin. A growing portion of millennials believe they have missed the boat on homeownership. Today’s housing market is …

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Mortgage Demand Drops to 27-Year Low as Interest Rates Pull Back

Published by CNBC Real Estate | September 6, 2023 7% appears to be the new normal After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with the previous week, according to the Mortgage Bankers …

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‘Shark Tank’ Star Kevin O’Leary Warns Soaring Interest Rates Will Cause ‘Real Chaos’ For U.S. Economy

Published by FOX Business | August 27, 2023 Kevin O’Leary predicts the ‘very short term’ mayhem will begin this fall “Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for the U.S. economy. “This was inevitable. We talked about …

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How to Invest In Real Estate Amid High Interest Rates and Inflation

Published by Entrepreneur Magazine | March 24, 2023 Investing in real estate when interest rates are going up can be tricky. But if you know what you are doing, there is a world of opportunity. When interest rates rise, finding profitable real estate deals can be hard. What might be a great deal when mortgage rates are …

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