Tag Archives: mortgage rates

Manhattan housing market posts biggest 3rd quarter in 3 decades

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Luxury apartment sales surged approximately 226 percent year over year and almost 33 percent from the previous quarter, according to Douglas Elliman. Continue reading →

Home prices could ‘moderate’ if mortgage rates keep rising

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Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading →

Pending home sales beat projections following 2 months of declines: NAR

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Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported. Continue reading →

Demand for mortgages cools as rates bounce back to July levels

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An uptick in mortgage rates following last week’s Federal Reserve meeting cooled demand for both purchase mortgages and refinancing, particularly for government-backed FHA, VA and USDA loans. Continue reading →

Consumers reflect shifting market: Here’s what you should know

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Windermere Chief Economist Matthew Gardner dives into how consumers feel about the market based on Fannie Mae’s latest Home Purchase Sentiment Index survey. The incremental shifts across the results indicate that consumers are feeling the market cool. Continue reading →

Sustained surge in mortgage rates could dent home sales

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In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading →

Mortgage rates continue to flatline ahead of Fed tapering details

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Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading →