mortgage rate – Page 2 – Need Benjamins

Mortgage rates continued to climb this week

By Patrick Kearns | March 18, 2021 - 7:51 pm |March 18, 2021 Uncategorized

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After falling to historic lows last year, rates have climbed back over 3 percent but still remain lower than last year’s levels. Continue reading →

Fannie Mae forecasts mortgage rates under 3% for 2021

By Patrick Kearns | April 22, 2020 - 8:52 pm |April 22, 2020 Uncategorized

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The average rate on a 30-year fixed-rate mortgage could hit 2.9 percent in 2021, according to Fannie Mae’s April housing forecast. Continue reading →

Economists say consumers should lock in low mortgage rates now

By Patrick Kearns | March 10, 2020 - 5:33 pm |March 10, 2020 Uncategorized

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Mortgage rates reached the lowest point in 50 years last week, and one economist predicted they could plummet even more this week. Continue reading →

August was the easiest month in 2019 to afford a home: NAR

By Patrick Kearns | October 11, 2019 - 2:31 pm |October 11, 2019 Uncategorized

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The typical family possessed 160.4 percent of the estimated income required to purchase a home in August, according to the National Association of Realtors. Continue reading →

Yield curve inversion fears are overblown

By Lou Barnes | August 19, 2019 - 9:47 pm |August 19, 2019 Uncategorized

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Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading →