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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Category: Weekly Housing Market Update
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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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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Mortgage Rates Just Hit Their Highest Level ‘in a Generation’—Is 8% Next?
After spiking to an alarming 23-year high last week, mortgage rates have skyrocketed even further into the stratosphere for a frightening kickoff to October.
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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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A Close Look at the Latest Mortgage Rates, Fed Rumblings, and the ‘Promising’ Future of Housing
In the wake of the Federal Reserve’s much-anticipated decision to not raise rates on Wednesday, mortgage interest rates also held surprisingly steady.
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Mortgage Rates Just Went Up—but Here’s Why Next Week Offers Homebuyers Hope
After two weeks of declines, mortgage rates rose this week, averaging 7.18% for a 30-year fixed-rate loan—but next week may bring better news.
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Mortgage Rates Just Dropped Again—and More Good News for Housing This Fall
Mortgage rates fell for the second week in a row, to 7.12% for the week ending Sept. 7, according to Freddie Mac. But is this drop enough to help homebuyers?
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