Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show. Source:…
Posts published in “mortgage rates”
The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released…
The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year. Source: Inman News
Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new…
While purchase loan applications were up 4 percent week over week, there’s still “very little refinance incentive with rates so much higher than last year,”…
Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a…
Rates for several types of mortgages fell more than half a percentage point Thursday, with 30-year fixed-rate mortgages averaging 6.62 percent. Source: Inman News
All-items inflation rose 7.7 percent in October — down from September’s 8.2 percent. Although its welcome news, housing economists say it’ll take until 2023 for…
Annual home price growth fell from 14 percent in the second quarter to below 9 percent,, according to the National Association of Realtors latest quarterly…
Purchase loan applications rose 1 percent last week despite latest Fed rate hike, but homebuyer demand for mortgages remained close to 2015 lows, according to…