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NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
“Home price increases are naturally good for homeowners,” stated Yun. Continue Reading NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
Gallup Poll: Jerome Powell’s Popularity is Lowest Ever for a Fed Chairman
But Powell is slightly more popular than President Biden and the Democratic leaders in Congress. Continue Reading Gallup Poll: Jerome Powell’s Popularity is Lowest Ever for a Fed Chairman
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’
Source: Yahoo! Finance --- Mortgage rates tumbled by their biggest weekly drop in four decades after new data suggested inflation could be starting to cool. Consumer prices rose by 7.7% in October — a slower pace than economists predicted — and the average rate on a...
One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages
Source: Fannie Mae --- For potential homebuyers, obtaining multiple mortgage quotes may not be as exciting as searching for the physical home itself, but research has shown that "shopping around" with different lenders for the best possible mortgage terms can result...
White House officials say we are ‘in a housing affordability crisis’: NAHB CEO
Source: Yahoo! News --- National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the U.S. housing market, mortgage rates, and homebuilder sentiment. Video Transcript SEANA SMITH: Let's take a look at the housing market, because more...
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