Tag Archives: Sam Khater

While still below the 3% range, the window of opportunity for refis remains wide open; however, high asking prices are turning many away from the purchase market despite the record low rates.

After a slight rise last week, mortgage rates have plateaued as a shift in inventory and pricing is offering more choices for buyers, along with more approachable prices.

Rates remained below 3% but leapt this week following a strong U.S. jobs report and strong growth in the economic sector.

Purchase apps have fallen slightly, however homeowners nationwide continue to jump into the refi market with rates falling to record low territory.

After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.

As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.

Fed Chair Jerome Powell will testify this week at a hearing charting the course of the U.S. economy moving into Q3 and beyond.

For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?

After rising above the 3% mark last week, mortgage rates dipped this week, with low and stable rates continuing to drive a booming market.