'All Eyes Are on the Fed’: This Week in Real Estate, the Economy and More
‘All Eyes Are on the Fed’: This Week in Real Estate, the Economy and More
Category: Real Estate
Video: Housing Market Still Favors Sellers—But Will That Change Soon?
4 Factors Sellers Should Consider in an Offer (That Aren’t About the Money) 05/02/2022 If you’re selling a house these days, there’s a good chance you’re getting more than one offer. But you don’t want to look at just the money. Here are other factors you should consider before choosing a buyer.
Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know
Mortgages rates keep climbing, and that poses a major challenge for families looking to score a deal during the busy spring home-buying season. The benchmark 30-year fixed-rate mortgage averaged 4.67% for the week ending March 31, according to data released by Freddie Mac on Thursday. That represents a one-fourth percentage point increase from the previous week. This …
As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market
The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac reported Thursday, up from 4.67% a week earlier. The last time the interest rates on home loans were this high was in …
Mortgage Rates Hit 5% for First Time Since 2011
The interest rate on America’s most popular mortgage hit 5% for the first time in more than a decade, extending a sharp rise that has yet to significantly slow the red-hot housing market. Interest on the average 30-year fixed-rate mortgage climbed from 4.72% a week ago to its highest level since early 2011, government-mortgage company Freddie Mac said …