Redfin Reports Mortgage Demand Ticks Up As Rates Drop
Amidst banking turmoil, busiest day for rate locks recorded in 2023.
Amidst banking turmoil, busiest day for rate locks recorded in 2023.
Rate hike is 8th since March 2022.
New Opportunities On The Horizon
Federal Bank of Minneapolis CEO offers thoughts on why Fed was wrong on inflation, and how to fix it.
The 50-basis-point hike is 7th in 2022, but target range for 2023 is still 85 basis points higher.
The data, collected between 2013-20, highlights borrowers’ experiences obtaining a mortgage during the pandemic.
We’ve seen positive economic data, but is inflation over?
In a rising rate environment, this temporary rate buydown will be an attractive option for borrowers.