The average rate for a 30-year fixed home loan edged upward from 6.77% last week to 6.9% for the week ending Feb. 22, according to Freddie Mac.
The post Mortgage Rates Just Hit a New High for 2024—Here’s Why appeared first on Real Estate News & Insights | realtor.com®.
Category: days on market
The Housing Market Sees the ‘Biggest Jump’ in 3 Years
New listings spiked last week, giving the housing market a much-needed boost. But will the rise in inventory last until the spring market?
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Mortgage Rates Just Hit a Nearly 8-Month Low: Should Homebuyers Shop Now Rather Than Wait Until Spring?
Mortgage rates for a 30-year fixed-rate home loan sank to 6.60% for the week ending Jan. 18 and hit a low not seen since last spring.
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The Housing Market Just ‘Burst’—in the Very Best Way Imaginable
Will the stuck-in-neutral housing market finally rev up for buyers and sellers in the new year? Here’s what the latest data means.
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Atlanta Housing Scorecard: Inventory, starts and sales slide
At the same time, days on market declined to 49 from 52.
The post Atlanta Housing Scorecard: Inventory, starts and sales slide appeared first on Atlanta Agent Magazine.
Atlanta Housing Scorecard: Inventory, sales and starts fall
At the same time, days on market remained flat, at 43.
The post Atlanta Housing Scorecard: Inventory, sales and starts fall appeared first on Atlanta Agent Magazine.
Mortgage Rates Fall Again: Is a ‘Balanced Housing Market’ Finally on the Horizon?
Mortgage rates fall for the third week in a row. But will the ongoing rate retreat bring homebuyers relief by the new year?
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1 Step Forward, 2 Steps Back: What the Mortgage Rate Hokey Pokey Means for Housing
Mortgage rates fell and home prices rose. Is there any sign of a turnaround in the current stagnant housing market? In short: Yes.
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Atlanta Housing Scorecard: Inventory, starts, sales all slide
Home sales, housing inventory and sales all fell, while days on market ticked higher.
The post Atlanta Housing Scorecard: Inventory, starts, sales all slide appeared first on Atlanta Agent Magazine.
Mortgage Rates Have Just Abruptly Reversed Course—Will It Last?
Mortgage rates have been on a steady climb toward 8% for seven weeks now. What happened in the eighth week will bring some relief to buyers.
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