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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Category: 30-year mortgages
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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Latest Home Sales Data Offers Hope: Is America’s Housing Market Finally Looking Up?
Has the housing market finally turned a corner to end the year looking merry and bright? A new report on home sales suggests so.
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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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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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Housing Costs Have Just Hit a ‘New Record’: Here’s What That Adds Up to in Dollars and Cents
With mortgage interest rates quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today?
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Mortgage Rates Just Rose Again—and We’re Not Over the Hump Yet
Surging mortgage rates and stubbornly high home prices could further slow a housing market that’s been in a state of suspended animation.
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Mortgage Rates Rise Yet Again—Does That Mean Home Prices Might Fall?
Mortgage rates hit 7.67% for the week ending Oct. 19, while home prices stay steady and housing inventory falls.
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So Much for the Federal Reserve: Mortgage Rates Hit a High Not Seen Since 2000
Rates for a 30-year fixed-rate loan rose to its highest level since 2000, landing at an average of 7.31%, which will likely hit today’s shaky real estate market especially hard.
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