Tag Archives: mortgage rates

Fed’s ‘higher for longer’ gambit may yet cool home price gains

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Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow. Continue reading →

38% of homeowners couldn’t afford their home in today’s market

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Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison. According to Redfin’s latest market study, 38 percent … Continue reading →

Luxury home prices have reached new heights: Redfin

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With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth. Continue reading →

2 buyers scramble to make a deal as the spring market sprints ahead

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One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking. Continue reading →

Homebuyers rush to lock as mortgage rates hit new 2024 highs

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Rates for conforming loans pushed through 7 percent last week and continue to rise, as latest inflation data dims prospects that Fed will ease in June. Continue reading →

Homeseller sentiment is lukewarm as spring homebuying ramps up

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Elevated mortgage rates and home prices have made sellers leery about listing this spring. As a result, 50 percent of homesellers said they’ll be aligning their sales with a late-year rate drop. Continue reading →

Canada easing mortgage terms for first-time new homebuyers

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Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment. Continue reading →