Mortgage rates are poised to begin coming down as inflation is slowing and the Federal Reserve doesn’t want to exacerbate the banking crisis.
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Category: inflation
The Fed Just Raised Interest Rates Again—Here’s Why That’s Bad News for Both Homebuyers and Sellers
The Federal Reserve’s latest rate hike may be like a late frost imperiling the burgeoning spring housing market.
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Homebuyers Are Discovering the Upside to Bank Failures: Lower Mortgage Rates
An unexpected consequence of the recent bank failures is mortgage interest rates have dropped—and could keep falling.
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Are Lower Mortgage Rates a Holiday Gift for Homebuyers—or a Temporary Reprieve?
The drumroll of bad tidings in the housing market was interrupted last week with news as mortgage rates dropped. Will they stay lower?
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Inflation Is Finally Slowing. Will Soaring Mortgage Rates Do the Same?
The housing market is likely to get worse before it gets better for homebuyers foiled by soaring mortgage interest rates.
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A Sneak Peek at Homeowners’ Top Renovation Plans Right Now—and in the New Year
Homeowners will get that new deck come hell or high water! Check out the latest data on renovations around the country.
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America’s Safest—and Most Dangerous—States Today May Come as a Huge Surprise
WalletHub has just released the 2022 Safest States in America report to find that the state with bragging rights as the safest of all is Vermont.
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Mortgage rates fall below 5% — for the first time since April
The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.
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Why Real Estate Is To Blame for America’s Spiking Inflation—and How It May Be the Key to Taming It
Housing plays a significant role in how the U.S. Federal Reserve measures inflation. It’s also a double-edged sword.
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Housing prices begin to fall from June’s record-breaking peak
Inflation and high mortgage rates are impacting potential homebuyers which means fewer sales, more supply and a drop in home prices.
The post Housing prices begin to fall from June’s record-breaking peak appeared first on Atlanta Agent Magazine.