Source: MarketWatch — Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth...
Source: Mortgage News Daily — Mortgage rates hit 5.5% last Friday for the top tier conforming 30yr fixed scenario at the average lender. That was the lowest since June 8th, just before the fateful CPI inflation data that kicked off a run to the highest rates...
Source: Nerdwallet — July mortgage rates forecast Mortgage rates are likely to rise in July, extending a seven-month streak. High inflation, and the Federal Reserve’s efforts to control it, have driven mortgage rates upward. The same factors may push them...
Source: Scotsman Guide — CoreLogic’s latest Home Price Insights (HPI) report revealed that home prices nationwide, including distressed sales, rose 20.2% year over year in May — a still-strong annual jump, but one that’s likely to precede a period of slowing...
Source: Bankrate — The mercury in your thermometer’s going up, and mortgage rates are also climbing, creating an uncomfortably hot and sticky situation for prospective homebuyers. Currently, the benchmark 30-year fixed mortgage rate is treading close to 6...
Source: Redfin — Mortgage rates have doubled since the beginning of the year to nearly 6%, taking a toll on affordability and demand. The monthly payment on a $400,000 home rises more than $550 with rates going from 3% to 6%. That increase, along with the...
Hits and Misses for the Real Estate Week of June 15-19
