Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing...CONTINUE READING ARTICLE
Category - Buyers
Today's Mortgage Rates JUMP to over 4%
February 15, 2022
Mortgage interest rates surged today, hitting 4.2% a day after topping 4% for the first time IN YEARS.
A driving force behind the recent surge is high inflation, with the...CONTINUE READING ARTICLE
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Buyers
"Sales Momentum Will Carry Into Fall" Economists Say
September 13, 2021
Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the...CONTINUE READING ARTICLE
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Buyers
Mortgage Rates Move Noticeably Higher This Week
January 15, 2021
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The 30-year, fixed-rate mortgage averaged 2.79% this week, a relatively large increase from last week’s record-low 2.65%. But one year ago, the rate averaged...CONTINUE READING ARTICLE
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Buyers
The average rate on a 30-year mortgage dropped from last week’s 2.90%. One year ago, the 30-year FRM averaged 3.65%.
October 6, 2020
U.S. average rates on long-term mortgages edged down slightly last week, remaining at historically low...CONTINUE READING ARTICLE
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Buyers