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Tag Archives: Affordability

Mortgage Rates Climb to New 14-Year Highs

As the Federal Reserve issues another rate hike to tame high-riding inflation, Freddie Mac reported the fixed-rate mortgage climbed 27-basis points over last week, rising to levels last seen in 2008.

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Homebuyers Find More Options in Fall

Since the start of the pandemic, homes have been in high demand leading to fierce competition, rapidly depleting inventory, soaring prices, and a swift market pace. Realtor.com recently ...

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Purchase Apps Hit Month-Long Slide

With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.

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