The one bright spot for home buyers in this hypercompetitive market has been record-low mortgage rates. But those rates just crossed the 3% threshold.
The post Mortgage Rates Tick Up Over 3 Percent, Dealing Battered Home Buyers Another Blow appeared first on Real Estate News & Insights | realtor.com®.
Thomas A. Ferrara/Newsday RM via Getty Images)Mortgage rates reached their highest level since November last week, cooling off home purchase and refinance applications ahead of the all-important spring selling season.
The post Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season appeared first on Real Estate News & Insights | realtor.com®.
Economists still expect mortgage rates to rise as the economy improves amid the country’s recovery from the coronavirus pandemic.
The post Mortgage Rates Dip—Here’s Why You Shouldn’t Bet on Interest Rates Going Much Lower appeared first on Real Estate News & Insights | realtor.com®.
In spite of the COVID-19 pandemic, Americans are poised to take more mortgages this year than they did even during the run-up to the 2008-09 financial crisis.
The post Mortgage Originations Are on Pace for Best Year Ever appeared first on Real Estate News & Insights | realtor.com®.
Coming off of the roller-coaster ride that was 2020, the 2021 housing market could hold a few surprises of its own. And buyers should expect rising prices.
The post What To Expect in 2021’s Housing Market: This Is How Much Home Prices Will Rise appeared first on Real Estate News & Insights | realtor.com®.
When the pandemic gutted the economy, many assumed the recession would push home prices down. Instead, low mortgage rates have pushed homes prices higher.
The post Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Mortgage interest rates continue to do what had seemed impossible before the pandemic: They dropped to a new record low this week.
The post Another Week, Another Record Low for Mortgage Rates—How Long Can This Go On? appeared first on Real Estate News & Insights | realtor.com®.
In an unexpected twist, the pandemic has made it easier for many millennials to become homeowners and sped up their buying timelines.
The post How the Pandemic Is Helping Some Millennials Realize Their Home-Buying Dreams appeared first on Real Estate News & Insights | realtor.com®.
The question on the minds of many home buyers and owners is if mortgage rates can fall even further—and just how low they can go.
The post With Mortgage Rates at Record Lows, How Can Buyers Know When To Pounce? appeared first on Real Estate News & Insights | realtor.com®.
Cash-strapped home buyers received a bit of relief this week when mortgage rates tumbled to a new all-time low—making those monthly mortgage payments just a little bit cheaper.
The post Mortgage Rates Tumble to Yet Another All-Time Low appeared first on Real Estate News & Insights | realtor.com®.