Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby…
Posts published in “mortgage rates”
After hitting 2022 highs last week, a weak hiring report released Tuesday has been helping to bring mortgage rates back down. Source: Inman News
It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t…
Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial…
Rates for borrowers with lower credit scores who are making smaller down payments climbed past 7 percent on Monday. Source: Inman News
“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few…
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be…
Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could lead to a recession. Source:…
As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Source: Inman News
Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Source: Inman…