Instant Reaction: Mortgage Rates, April 25, 2024
Instant Reaction: Mortgage Rates, April 25, 2024 Mortgage interest rates for the week sit at an average of 7.17%, and may show little dramatic downward movement any time soon. By: Jessic...
Housing Affordability Weakened in February 2024
Housing Affordability Weakened in February 2024 Housing affordability fell nationally in February 2024, the monthly mortgage payment decreased 3%, and the median single-family home price fe...
Instant Reaction: Mortgage Rates, April 18, 2024
Instant Reaction: Mortgage Rates, April 18, 2024 Mortgage interest rates rose to 7.1% this week; despite higher mortgage rates, mortgage applications increased. By: Jessica Lautz Mortg...
Instant Reaction: Mortgage Rates, April 11, 2024
Instant Reaction: Mortgage Rates, April 11, 2024 Yesterday's inflation figures rose to 3.5%, and as a result, mortgage interest rates are likely to increase in the coming weeks. By: Jess...
Instant Reaction: CPI, April 10, 2024
Instant Reaction: CPI, April 10, 2024 March inflation figures were very bad, which also means bad news for interest rates. By: Lawrence Yun...
Instant Reaction: Jobs, April 5, 2024
Instant Reaction: Jobs, April 5, 2024 The job market is strong, with 303,000 net payroll job additions in March; 39,000 net new jobs in construction means more housing supply is coming. By...
Instant Reaction: Mortgage Rates, April 4, 2024
Instant Reaction: Mortgage Rates, April 4, 2024 Mortgage interest rates continue their now 17-week stay in the mid-6% range, with the current 30-year mortgage interest rate at 6.82%. By: ...
Instant Reaction: Mortgage Rates, March 28, 2024
Instant Reaction: Mortgage Rates, March 28, 2024 Mortgage interest rates have continued in the mid-6% range for 16 weeks, with the 30-year fixed rate down slightly to 6.79% from 6.8% the we...
Pending Sales in February 2024 Increase from January
Pending Sales in February 2024 Increase from January In February 2024, pending home sales rose 1.6% month over month and decreased 7% year over year. By: Michael Hyman...