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Tag: mortgage rates

Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply

Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply.

Mortgage rates plunge just as home prices set another record

Mortgage rates are sinking, and that means home prices are likely to continue surging.

The outlook for short-term rentals was rosy. Will Ukraine change that?

Short-term rental companies were looking at 2022 as the year international travel surged again. Will Russia’s war in Ukraine temper results?

Homeowners hold record levels of equity. What to know if you’re tempted to borrow

Rising home prices have boosted the stake owners have in their homes. Here's what to consider before you borrow with interest rates poised to rise.

Vital Questions, Unclear Answers: Many International And National Issues Affect Today’s New York Real Estate Market

How the balance between rising interest rates, international unrest, and supply/demand imbalance will affect real estate prices and market stability over the next four to six months remains oblique. Crystal ball, anyone?

Before rushing into the hot housing market, here’s how to set yourself up for success

Home prices are up, inventory is low, and mortgage rates are rising. Here's what experts say to do before you enter the market.

Pending home sales dip amid anticipated ‘retreat’ in demand

The number of homes that went pending in January, a leading indicator of future sales, fell 9.5 percent year over year, according to data released Friday by the National Association of Realtors.

Latest Stats Rewrite Conventional Wisdom On Covid Housing Impact

The pandemic exerted an enormous influence on real estate dynamics over the past two years, but the lasting effects aren't likely to match much of what has been reported, new data shows.

Mortgage applications drop to lowest level in over 2 years

Total mortgage applications decreased 13.1% last week to the lowest level since December 2019, according to the Mortgage Bankers Association.

Mortgage rates rise above 4% for first time since December 2019

FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data.

A record low number of consumers say now is a good time to buy a home

High home prices and rising mortgage rates have caused consumer sentiment in housing to drop.

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