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
Fed Pauses Rate Hikes—A Relief to Real Estate?
September 24, 2023
Posted in Housing Market
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Your Home Equity Can Offset Affordability Challenges
September 19, 2023
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to...CONTINUE READING ARTICLE
Posted in Home Buying
Mortgage Rates Dip But Remain Above 7%
September 1, 2023
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
Posted in Housing Market
Today’s Housing Market Has Only Half the Usual
August 25, 2023
Some Highlights
- There are only about half the number of homes for sale compared to the last normal years in the market.
- That means buyers don’t have enough options...CONTINUE READING ARTICLE
Posted in Selling A House
Mortgage Rates Hover Near 7%
August 23, 2023
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
Posted in Housing Market