Published by FOX Business | August 19, 2024 Lower borrowing rates will only make housing more affordable for a 3- to 6-month period Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market. Today, mortgage rates are more than double what …
Waiting For Mortgage Rates to Fall? Why Experts Say it Won’t Make a Difference Read More »
Published by Fox Business | August 11, 2024 Vance’s remarks come after former President Trump said the president should ‘have at least [a] say’ over Fed policy moves Former President Trump’s vice presidential nominee Sen. JD Vance, R-Ohio, said on Sunday that he backs Trump’s call for presidents to have a say in the Federal …
Vance Backs Trump on President Influencing Federal Reserve Decisions Read More »
Published by FOX Business | July 10, 2024 American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the past two years has prevented many of them from tapping their equity in order to refinance. Data published Wednesday by the Mortgage Bankers Association (MBA) shows that …
Mortgage Refinance Falls Again, Despite Homeowners Sitting On $17T in Equity Read More »
Published by REALTOR.com | June 6, 2024 As with everything in real estate, where you live also has an impact on what kind of mortgage rate you can get. It’s a challenging housing market for home buyers, with home prices at an all-time high and mortgage rates above 7%. Eagle-eyed house hunters may notice a …
Why Mortgage Rates Vary by State and Which States Have the Lowest Read More »
Published by REALTOR.com | April 18, 2024 These higher rates are frustrating homebuyers and sellers, thwarting many of their plans. Mortgage rates are back up above 7%. Even worse, rates could rise further after U.S. Federal Reserve Chair Jerome Powell said policymakers were in no rush to cut rates while inflation remains stronger than anticipated. …
Published by REALTOR.com | March 12, 2024 Homebuyers might not want to bet on mortgage rates making any big drops as the spring housing market kicks off. Inflation ticked up in February by 3.2% year over year, according to the most recent consumer price index summary. That’s the third month in a row that inflation has …
Mortgage Rates Could Top 7% This Spring as Inflation Ticks Up Read More »
Published by REALTOR.com | February 29, 2024 Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general. Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year …
What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Read More »
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 …
The New Battle in Divorce: Who Gets Custody of the Low Mortgage Rate? Read More »
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 …
What Happens With Mortgages if There’s a Recession? Read More »
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 …
Mortgage Rate Forecasts For 2024 Signal A Comeback For Real Estate Read More »
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