Tag Archives: mortgage rates

What the Fed’s Rate Cut Means for Buyers

The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession took hold in 2008, though the move is not likely to deliver significant juice to an already favorable borrowing environment for home buyers. The … Continue reading

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Mortgage Rates Drop to 2-Year Lows

This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average since September 2017.  “While the drop in mortgage rates is … Continue reading

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Metro Home Prices Rise 4.8% in 3rd Quarter

WASHINGTON (November 1, 2018) – Low inventory levels of moderately priced homes continue to stifle home sales and maintain the trend of increasing metro market prices according to the latest quarterly report (link is external) by the National Association of … Continue reading

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Market Shifting to Buyers’ Favor

September 26, 2018 A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. “The signs are pointing to a market that’s shifting toward buyers,” … Continue reading

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Realtors® Midyear Forecast

WASHINGTON (May 17, 2018) – A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to … Continue reading

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Midyear Forecast: Home Sales, Prices to Rise Despite Inventory, Affordability Challenges

WASHINGTON (May 17, 2018) – A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to … Continue reading

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Metro Home-Price Growth Quickens to 5.7% in the 1st Quarter

WASHINGTON (May 14, 2018) – Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®. … Continue reading

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Mortgage Rates Stuck in Holding Pattern

Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading

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