Tag Archives: mortgage rates

Interest in second homes remains down for third consecutive month

By | | Uncategorized
Comments Off on Interest in second homes remains down for third consecutive month

Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading →

Fall housing outlook: Cooling prices, tighter inventory, less competition

By | | Uncategorized
Comments Off on Fall housing outlook: Cooling prices, tighter inventory, less competition

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight Continue reading →

Home sales will cool off for the rest of this year and next: Fannie Mae

By | | Uncategorized
Comments Off on Home sales will cool off for the rest of this year and next: Fannie Mae

Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading →

‘Holding pattern’: Virus extends stable period for mortgage rates

By | | Uncategorized
Comments Off on ‘Holding pattern’: Virus extends stable period for mortgage rates

Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Continue reading →

Rates for 15-year mortgages continue slow rise from prior lows

By | | Uncategorized
Comments Off on Rates for 15-year mortgages continue slow rise from prior lows

Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading →

Despite higher inventory levels, market is still ‘remarkably tight’

By | | Uncategorized
Comments Off on Despite higher inventory levels, market is still ‘remarkably tight’

Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and shares why the market is still far from balanced. Continue reading →

Fed says it wants to see job numbers before tapering

By | | Uncategorized
Comments Off on Fed says it wants to see job numbers before tapering

Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

By | | Uncategorized
Comments Off on Lenders hold firm on mortgage rates after Fed dust settles

Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →