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U.S. Home Price Insights – November 2022

U.S. Home Price Insights – November 2022

by Third Party | Nov 5, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: CoreLogic —  Through September 2022 with Forecasts through September 2023 Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through September 2022 with forecasts through...
As House Prices Start To Moderate, How Bad Could It Get?

As House Prices Start To Moderate, How Bad Could It Get?

by Third Party | Nov 4, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Forbes —  There is no shortage of pessimism in the housing market today. U.S. house prices have declined since June. However, prices are generally up year-on-year, and the market is seasonal with prices and activity typically higher in the summer and...
10 Weird Facts About Home Mortgages

10 Weird Facts About Home Mortgages

by Third Party | Nov 4, 2022 | Industry Updates, Mortgage Information

Source: The Motley Fool —  Mortgages have been in the news for the past few years, particularly during the initial phase of the COVID-19 pandemic when interest rates dove beneath the 3% mark. Today, they’re in the news again as interest rates rise and home...
Mortgage Rates Rise Beyond 7% Barrier

Mortgage Rates Rise Beyond 7% Barrier

by Third Party | Nov 4, 2022 | Mortgage Information, News/Current Events, U.S. Housing Market

Source: U.S. News —  Mortgage rates surged above the 7% threshold for the 30-year fixed mortgage term this week, according to Freddie Mac. This is the first time that average rates have entered 7% territory since early 2002. Interest rates also rose for the...
Why Are Mortgage Rates Going Up?

Why Are Mortgage Rates Going Up?

by Third Party | Nov 3, 2022 | Industry Updates, Mortgage Information

Source: Forbes —  By now you’ve probably seen that interest rates are on their way up. The Fed has been raising rates for a number of quarters now in an attempt to wind down the sky high levels of inflation. So far they’ve not had much luck on that front, but...
Why Mortgage Rates Could Hold Steady After the Federal Reserve’s 0.75% Rate Hike

Why Mortgage Rates Could Hold Steady After the Federal Reserve’s 0.75% Rate Hike

by Third Party | Nov 3, 2022 | Mortgage Information, News/Current Events, U.S. Housing Market

Source: Time —  The Federal Reserve once again hiked its benchmark interest rate this week, a fourth consecutive increase of 75 basis points. What does that mean for mortgage rates, which are already above 7% for the first time in 20 years? Maybe not much....
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