Mortgage Industry News
Why Are Mortgage Rates Going Up?
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 there’s...
Why Mortgage Rates Could Hold Steady After the Federal Reserve’s 0.75% Rate Hike
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. “What’s...
Real estate shock or a big nothing? Experts debate what rising mortgage rates will mean for the 2022 housing market
Source: Fortune --- Federal Reserve officials were confident through the summer that spiking prices would reverse as the economy worked through supply and demand shocks caused by the pandemic. But that "transitory" narrative has been all but abandoned this month...
From real estate to inflation, here’s what to expect from the economy in 2022
Source: NBC News --- After a second consecutive year in which the word “unprecedented” did more than its fair share of narrative heavy lifting, economists are looking ahead to 2022 with a sense of wariness: Sharply escalating prices and the uncertain severity of the...
The housing market was on a wild ride this year. Here’s what to expect in 2022
Source: KSL.com --- NEW YORK — The U.S. housing market has had a white-hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. But whether you benefited from this surge depended a lot on if you...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
