Interest Rates

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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5 Strategies for Real Estate Investors to Survive (and Thrive) Amid Rising Interest Rates

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 …

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Only a Tenth of Mortgages Have an Interest Rate Above Six Percent

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 …

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Fannie Mae: The One Big Reason Potential Home Buyers Are More Optimistic on Housing Market

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 …

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Existing Home Sales Surge As Prices Fall For First Time in Over a Decade

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 …

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