Tagged: mortgage rates
Mortgage Rates Rise A Bit Following Fed Hike
The 30-year fixed mortgage rate rose to 6.12%; 15-year fixed at 5.25%.
Is The Housing Market Scaring New Buyers?
Young buyers are so hesitant to buy, they’re backing out of purchase contracts.
Fannie Mae Predicts Modest Recession In New Year
According to Fannie Mae's ESR Group, housing and mortgage markets are not expected to recover until 2024.
Redfin: Home Purchase Demand Up Since October
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index are both up by double digits since bottoming out earlier this fall.
The Fed Hikes Interest Rate 0.5%, Raises Target For '23
The 50-basis-point hike is 7th in 2022, but target range for 2023 is still 85 basis points higher.
Redfin: 2023 Housing Market To Be Slowest In 12 Years
Predicts mortgage rates and affordability challenges will deter would-be homebuyers.
Homebuying Demand Up As Rates Decline
Redfin says falling rates luring buyers back to the market.