Mortgage rates just rose above 7%. That’s frustrating homebuyers and sellers, thwarting their housing plans.
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Category: Federal Reserve
The Fed Is Poised To Hold Interest Rates Steady—Here’s What That Will Do to Mortgage Rates
Mortgage rates are likely to rise again. They could hit this milestone as the Federal Reserve keeps interest rates higher for longer.
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Home prices have risen twice as fast as inflation for 60 years — but that trend may be reversing
U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.
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Mortgage Rates Could Be Inching Up Again, but Buyers Shouldn’t Lose Hope
The Federal Reserve is likely to wait a little longer before cutting interest rates. That could result in higher mortgage rates.
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From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?
This year is jam-packed with a variety of challenges that could affect the U.S. housing market—and 2024 has barely begun.
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Mortgage Rates Have Dropped Quickly: How Low Will They Go in 2024?
Mortgage rates fell rapidly late last year. Aspiring homebuyers want to know how much lower they will go this year.
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Inflation Is Finally Falling—Will Mortgage Rates Follow?
Mortgage rates have been coming down. Falling inflation might help to prevent mortgage interest rates from spiking again.
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The Fed May Have Just Slammed the Brakes on Mortgage Rates’ Steep Climb
The run-up in mortgage rates might be coming to an end after the U.S. Federal Reserve voted to hold rates steady.
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The Fed May Have Just Stopped Hammering the Housing Market—What That Means for Buyers, Sellers
The pain in the housing market isn’t expected to get much worse after the Federal Reserve chose not to hike interest rates this month.
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High Mortgage Rates May Be Here To Stay—at Least Through 2023
Mortgage rates might remain higher for longer. Inflation is higher than the Fed would like, increasing the odds it will hike its rates again.
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