Mortgage rates just rose above 7%. That’s frustrating homebuyers and sellers, thwarting their housing plans.
The post Mortgage Rates Just Topped 7%, Triggering a ‘Sense of Helplessness’ for Many Would-Be Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.
The post How interest rates change projected monthly mortgage payments appeared first on Atlanta Agent Magazine.
This year is jam-packed with a variety of challenges that could affect the U.S. housing market—and 2024 has barely begun.
The post From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market? appeared first on Real Estate News & Insights | realtor.com®.
For potential homebuyers, today’s lower mortgage rates mean that the cost to buy a house could likely be lower. Here’s how much homebuyers could save today.
The post Mortgage Rates Are Finally Falling: See How Much Homebuyers Can Save on a House Right Now appeared first on Real Estate News & Insights | realtor.com®.
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
The post MBA: Mortgage apps rise on increase in ARM activity appeared first on Atlanta Agent Magazine.
At the same time, existing-home sales dropped, while days on market inched higher.
The post Atlanta Housing Scorecard: Starts, inventory fall appeared first on Atlanta Agent Magazine.
The declines come as interest rates continued to rise, according to the latest Atlanta Housing Scorecard.
The post Atlanta Housing Scorecard: Starts, sales and inventory slide appeared first on Atlanta Agent Magazine.
Despite uncertainty around mortgage rates, U.S. buyers are still super-competitive with inventory scarce—but these conditions won’t last forever.
The post The Data Point Luxury Home Sellers Need To Watch Right Now appeared first on Real Estate News & Insights | realtor.com®.
National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.”
The post Federal Reserve raises key interest rate to 22-year high appeared first on Atlanta Agent Magazine.
The Federal Reserve on Wednesday halted its streak of 10 consecutive rate hikes since March 2022.
The post Fed pauses interest rate hikes appeared first on Atlanta Agent Magazine.