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.
The post Mortgage Rates Have Just Abruptly Reversed Course—Will It Last? appeared first on Real Estate News & Insights | realtor.com®.
Author: Margaret Heidenry
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?
The post Housing Costs Have Just Hit a ‘New Record’: Here’s What That Adds Up to in Dollars and Cents appeared first on Real Estate News & Insights | realtor.com®.
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.
The post Mortgage Rates Just Rose Again—and We’re Not Over the Hump Yet appeared first on Real Estate News & Insights | realtor.com®.
Mortgage Rates Just Jumped Again: ‘We’re Heading Toward 8%’
Mortgage rates soared again this week to 7.57%. The hike brings fears of an 8% mortgage rate hitting buyers and sellers before the end of the year.
The post Mortgage Rates Just Jumped Again: ‘We’re Heading Toward 8%’ appeared first on Real Estate News & Insights | realtor.com®.
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.
The post Mortgage Rates Just Hit Their Highest Level ‘in a Generation’—Is 8% Next? appeared first on Real Estate News & Insights | realtor.com®.
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.
The post So Much for the Federal Reserve: Mortgage Rates Hit a High Not Seen Since 2000 appeared first on Real Estate News & Insights | realtor.com®.
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.
The post A Close Look at the Latest Mortgage Rates, Fed Rumblings, and the ‘Promising’ Future of Housing appeared first on Real Estate News & Insights | realtor.com®.
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.
The post Mortgage Rates Just Went Up—but Here’s Why Next Week Offers Homebuyers Hope appeared first on Real Estate News & Insights | realtor.com®.
The Best Week To Buy a Home in 2023 Is Coming: Are You Ready To Make Your Move?
A home shopper looking to save five figures on a house should circle this week in the fall as the best time to buy a home.
The post The Best Week To Buy a Home in 2023 Is Coming: Are You Ready To Make Your Move? appeared first on Real Estate News & Insights | realtor.com®.
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?
The post Mortgage Rates Just Dropped Again—and More Good News for Housing This Fall appeared first on Real Estate News & Insights | realtor.com®.