Tag Archives: mortgage rates

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

A sales uptick in 2023? Zillow’s senior economist thinks it’s likely

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During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading →

Fed slows rate hikes, but remains wary of entrenched inflation

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Half a percentage point “is still a historically large increase and we still have some ways to go,” Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year. Continue reading →

Homebuyers take notice as mortgage rates continue to fall

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Demand for purchase loans has increased in five out of the past six weeks, according to a weekly survey of lenders by the Mortgage Bankers Association released Wednesday. Continue reading →

Surveys show impact of mortgage ‘lock-in effect’ on seller psychology

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Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading →

Homebuyer sentiment up slightly in November for first time in 9 months

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Fannie Mae survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit. Continue reading →

Mortgage rates fall — but so does demand, breaking 4-week streak

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As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week. Continue reading →

Home tours plummeted by half this year in Western states

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Nationwide, home showing activity in October was down 27 percent year over year. In the West, the drop-off was nearly twice as steep. Continue reading →

Purchase mortgage demand up 4th week in a row as rates fall

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Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to an MBA lender survey. Continue reading →