The Federal Reserve is likely to wait a little longer before cutting interest rates. That could result in higher mortgage rates.
The post Mortgage Rates Could Be Inching Up Again, but Buyers Shouldn’t Lose Hope appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates fell rapidly late last year. Aspiring homebuyers want to know how much lower they will go this year.
The post Mortgage Rates Have Dropped Quickly: How Low Will They Go in 2024? appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates have been coming down. Falling inflation might help to prevent mortgage interest rates from spiking again.
The post Inflation Is Finally Falling—Will Mortgage Rates Follow? appeared first on Real Estate News & Insights | realtor.com®.
The run-up in mortgage rates might be coming to an end after the U.S. Federal Reserve voted to hold rates steady.
The post The Fed May Have Just Slammed the Brakes on Mortgage Rates’ Steep Climb appeared first on Real Estate News & Insights | realtor.com®.
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.
The post The Fed May Have Just Stopped Hammering the Housing Market—What That Means for Buyers, Sellers appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates might remain higher for longer. Inflation is higher than the Fed would like, increasing the odds it will hike its rates again.
The post High Mortgage Rates May Be Here To Stay—at Least Through 2023 appeared first on Real Estate News & Insights | realtor.com®.
Pinned down by high mortgage rates, which topped 7% last month, the housing market has slowed to a crawl. Will it improve this fall?
The post Is the Fall Housing Market Really ‘Going Nowhere Fast’? What Buyers and Sellers Need To Know appeared first on Real Estate News & Insights | realtor.com®.
Optimism is building that the economy might avert a recession. However, a soft landing may be even worse for the housing market.
The post Worried About a Recession? A Soft Landing Could Actually Be Very Bad for the Housing Market appeared first on Real Estate News & Insights | realtor.com®.
Rates averaged 7.09% in the past week, making this the highest they’ve been since April 2002, according to Freddie Mac data.
The post Mortgage Rates Spike, Sparking Fears They Could Hit 8% or Beyond This Year appeared first on Real Estate News & Insights | realtor.com®.
Buying a home today might seem like the most unaffordable it’s ever been. However, the baby boomers had it worse.
The post Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home—Not Even Close appeared first on Real Estate News & Insights | realtor.com®.