The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision...CONTINUE READING ARTICLE
Category - Housing Market
Mortgage Rates at 23-Year High
The higher borrowing costs are disappointing to home buyers and sellers who expected a lower rate environment this fall, NAR economist says.
As mortgage rates continue to rise, more...CONTINUE READING ARTICLE
Fed Pauses Rate Hikes—A Relief to Real Estate?
The Fed’s news, however, came with a caveat: a hint of another rate hike likely before the end of the year—a move that real estate economists are already warning...CONTINUE READING ARTICLE
Mortgage Rates Dip But Remain Above 7%
Mortgage rates backed away slightly from last week’s two-decade high but remain above 7%. The 30-year fixed-rate mortgage averaged 7.18%, Freddie Mac’s latest weekly mortgage...CONTINUE READING ARTICLE
Mortgage Rates Hover Near 7%
For the third consecutive week, mortgage rates were on the rise, forcing some hopeful home buyers to the sidelines. Freddie Mac’s latest nationwide survey shows the 30-year fixed-rate...CONTINUE READING ARTICLE