Mortgage Rates Tick Up, Nearing 7%
After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last ...
Tag: Housing Market
Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of ...
Mortgage Applications Decrease This Week
Following a rise in mortgage rates last week, mortgage applications decreased 1.6% from after last week’s 7.1% increase, according to ...
New-Home Construction Rebounds With Spring Buying Season Underway
New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of ...
Homebuilder Sentiment Continues to Warm Ahead of Spring Market
Homebuilder sentiment continues to warm, thawing as spring nears. Positive signs in the mortgage market coupled with a continued rate ...
Consumer Sentiment Dips Slightly in March
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The ...
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of ...
Legislative Round-Up: Bills to Protect the Independent Contractor Status, Access to Affordable Housing
Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate ...
NAR, NAHB Issue Statements on Proposed Housing Measures in SOTU
In his State of the Union Address (SOTU) last night, President Joe Biden briefly addressed some housing-related issues, namely housing ...
Mortgage Rates Dip Down This Week
Mortgage rates dipped slightly this week edging down from last week’s average of 6.94%, to 6.88% this week, according to ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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