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 …
Mortgage Demand Drops to 27-Year Low as Interest Rates Pull Back Read More »
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 …
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 …
How to Invest In Real Estate Amid High Interest Rates and Inflation Read More »
Published by Entrepreneur Magazine | May 30, 2023 Rising real estate interest rates are not a reason to stress — they are an opportunity to invest. The sudden spike in interest rates has undoubtedly created a challenging environment for those involved in real estate investment. Nevertheless, it is crucial not to succumb to worry as …
Published by REALTOR.com | July 17, 2023 Mortgage rates are inches away from 7%—but less than a tenth of U.S. homeowners have a home loan at that rate. Only nine percent of all existing mortgages in the U.S. were taken out with a rate of above six percent, according to data from the Federal Housing …
Only a Tenth of Mortgages Have an Interest Rate Above Six Percent Read More »
Published by REALTOR.com | May 8, 2023 Consumers expect mortgage rates to drop, so they’re feeling a lot more optimistic about the housing market, according to a recent Fannie Mae poll. After the U.S. Federal Reserve’s rate increase last week, the Fed Chair signaled a potential pause in hikes. Rates dipped after the news, and economists are …
Published by Breitbart News | March 21, 2023 Sales of previously owned homes in the U.S. rose in February as house prices dipped and mortgage rates continued to tick down. Existing home sales jumped 14.5 percent to a seasonally adjusted annual rate of 4.58 million, the National Association of Realtors said Tuesday. This was the …
Existing Home Sales Surge As Prices Fall For First Time in Over a Decade Read More »
Published by Forbes.com | February 17, 2023 This week’s inflation data has pushed mortgage rates to the highest level in months—already sidelining some potential home buyers. According to real estate brokerage Redfin, home buying demand, as measured by tour requests from prospective homebuyers, fell for the first time in more than a month last week …
Housing Market Slows Again As Hot Inflation Drives Up Mortgage Rates Read More »
Published by FOX Business | February 8, 2023 The average loan size increased in the past week to $428,500 – the largest average since May 2022 Activity in the housing market showed a rebound in the past week as mortgages rates fell for a fifth straight week. The 30-year fixed mortgage rate inched lower to 6.18%. …
Mortgage Activity Rebounds, Skewed Toward High-Priced Homes Read More »
Published by REALTOR.com | December 19, 2022 Rising borrowing costs have dramatically increased the cost of buying a home this year, reviving interest in mortgage products like temporary buydowns that fell out of favor after the 2008 financial crisis. Carley Chase found her dream home in Chandler, Ariz., this summer: a three-bedroom ranch, close to work, with a …
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