Browsing: Mortgage
Americans saw mortgage rates soar during the Federal Reserve’s aggressive campaign to fight inflation, leading many to hope for a reprieve after the central bank finally cut the federal funds…
Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high home prices. Freddie Mac’s latest Primary Mortgage Market Survey, released…
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported. Over…
Mortgage rates jumped markedly this week, sending demand down for a second straight week. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the…
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected to see the most substantial changes as the Federal Reserve begins to lower borrowing rates. …
Mortgage rates are up slightly, with long-term notes lifting off a two-year low from last week. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate…
The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according to recent data from real estate firm Redfin. The first…
Mortgage rates barely moved this week, but long-term notes declined to the lowest levels Americans have seen since 2022. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that…
Mortgage rates declined again this week, sparking a subtle boost in demand for purchase and refinance applications. Still, many buyers continue to hold off on making a move while waiting…
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.…