Today: 5. Nov, 2024
Buyers and sellers keenly observe fluctuating mortgage rates as the spring housing market unfolds. With the Federal Reserve’s decisions hanging in the balance, the real estate landscape this season is heavily influenced by the uncertainty of interest rates. According to Freddie Mac,…
As the curtains rise on the spring housing market—a season traditionally bustling with activity—the anticipated surge in mortgage demand remains conspicuously absent. Despite a slight moderation in interest rates, the Mortgage Bankers Association’s seasonally adjusted index reveals a stagnation in application volume,…
As the calendar edges closer to the official start of spring, the housing market is already showing signs of robust activity, with a significant uptick in mortgage applications indicating a promising season ahead. Despite the persistence of high mortgage rates, which have…
The National Association of Realtors reported virtually no change in the sales of pre-owned homes in May compared to April, with a minor increase of 0.2%, making it an annualized, seasonally adjusted rate of 4.30 million units. Yet, compared with the same…
