The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by…
Posts published in “mortgage rates”
As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access…
With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Source: Inman News
Redfin chief economist Daryl Fairweather says homebuyers are finding themselves “priced out of homeownership.” Source: Inman News
The Federal Reserve will double the pace of its tapering of support for mortgage markets, as falling unemployment and worries about inflation outweigh uncertainty around…
A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Source: Inman News
The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Source: Inman News
The average rate for a 30-year mortgage has been climbing in recent months and now rests 17 percent higher than its all-time low in January,…
Applications to refinance fell 41 percent from a year ago as rates increased for the third week in a row, according to The Mortgage Bankers…
Speaking before the Senate Banking Committee Federal Reserve Chair Jerome Powell said the recent rise in COVID-19 cases and the emergence of the Omicron variant…