Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Keeping Current Matters — It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values...
Source: Mortgage News Daily — Mortgage rates have been moving lower for the past 3 weeks after hitting the highest levels since 2008 in the middle of June. This was a larger-scale repeat of a similar pattern that played out in the month of May. Taken...
Source: Deseret News — Are mortgage rates going to keep going up? Are home prices going to keep climbing — or are they going to go down soon? For anyone deciding whether to buy a home or not in today’s hectic housing market, these questions are top of mind....
Source: Forbes — The global economy, commercial real estate included, has forced some lenders and investors to sit on the sidelines. Changing interest rates, inflation and recent shifts have resulted in investors losing deals and having to push the pause...
Source: Fox Business — While the 30-year fixed mortgage rate might be slowing for the first time in a month, one real estate investor warns the market is still brewing a “perfect storm” for consumers – but especially single and multifamily...
Mortgage Applications Fall Again as 30-Year Rate Climbs to 6.97%
