Fueled by the trajectory of both the economy and the pandemic, mortgage rates advanced upward this week; however, the housing market is expected to remain strong as 2021 comes to an end.
Read More »Mortgage Rates Dip Slightly Below the 3% Mark
While rates continue to hover at record lows, a rise in economic and financial market uncertainties, competition remains high for tight inventory as affordability issues linger.
Read More »Mortgage Rates Finally Eclipse the 3% Mark
Rates have inched higher and higher over the past few weeks, finally moving past the 3% mark for the first time since late May.
Read More »Foreign Investor Treasury Purchases Hold Mortgage Rates Steady
Mortgage rates rose slightly this week to 2.88%, still below 3%, with prospective homebuyers snatching up all available inventory.
Read More »Mortgage Rates Dip and Continue to Hover Below the 3% Mark
With mortgage rates still in refi-friendly territory, dropping week-over-week, according to Freddie Mac’s weekly report.
Read More »Mixed Jobs Reports Stabilizes Mortgage Rates
Freddie Mac reports mortgage rates leveling off as COVID variants have led to weaker employment, a drop-off in spending, and declining consumer confidence.
Read More »Prospective Buyers Find Promise in Low Rates and Uptick in Supply
Freddie Mac reports that rates are stabilizing, along with a modest improvement in the nation’s housing supply, as more homebuyers are poised to take advantage of these still-record-low rates.
Read More »Mortgage Rates Finding Stable Ground
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.
Read More »Mortgage Rates Remain Relatively Flat
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.
Read More »Mortgage Rates Trend Upward After Six-Week Decline
Rates remained below 3% but leapt this week following a strong U.S. jobs report and strong growth in the economic sector.
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