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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.
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.
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.
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.
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%.
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.
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 week prior.
February 2024 Existing Home Sales Climb Along with Inventory
February 2024 Existing Home Sales, Inventory Climb
In February 2024, existing-home sales increased 9.5 % and inventory of unsold listings were up 5.9% from January 2024.
In Honor of Women's History Month, a Look at Successes and Challenges for Women in Homeownership
Successes and Challenges for Women in Homeownership
We're seeing more and more women becoming homeowners, with single women making a notable impact in the housing market.
Women Homebuyers
Instant Reaction: Mortgage Rates, March 14, 2024
Instant Reaction: Mortgage Rates, March 14, 2024
Mortgage interest rates continued their 14-week stay within the mid-6% range this week, falling from 6.88% to 6.74%