Pending home sales dropped on a monthly and annual basis in June, according to the National Association of Realtors. Economists are split on what the…
Posts published in “mortgage rates”
With Trump administration’s Aug. 1 deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the…
Home price growth slowed to the lowest level in two years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still…
New construction starter homes have become a thing of the past as costs continue to rise, according to a report from Cotality. More buyers are…
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Source: Inman News
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price…
Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the…
Purchase loan requests are up 3 percent from a week ago and 22 percent from last year even as mortgage rates climb to highest level…