Category: Financing

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential homebuyers and current homeowners are keenly interested in …Read more  »

A recent survey by the New York Fed has sent shivers down the spines of aspiring homeowners. The survey paints a picture of consumers anticipating a dramatic rise in mortgage rates, potentially reaching a staggering 10% within three years. This …Read more  »

A new survey by the New York Fed paints a concerning picture for homebuyers. Consumers expect mortgage rates to soar to 10% within three years, a significant jump from current levels. This surprising forecast predicts that mortgage rates will climb …Read more  »

Mortgage rates to stay high in 2024, predicts Freddie Mac. But will strong demand overcome affordability challenges? Let's explore what this means for homebuyers. Freddie Mac, a leading provider of mortgage financing in the U.S., reports a slowdown in the …Read more  »

Homebuyers can rejoice! On Wednesday, 30-year fixed mortgage rates dipped below the psychologically significant 7% threshold, settling at 6.84% – the most attractive rate since late March according to a report from Investopedia. This marks a welcome decline, especially considering …Read more  »

Mortgage rates in the United States continue to show some fluctuations, with a slight upward trend observed in the past week. Here's an analysis of current averages and expert predictions for the next two years. As of May 16th, the …Read more  »

As we stand in the middle of May 2024, the question of interest rate predictions for the rest of this year is a pressing one. With the Federal Reserve's recent decision to maintain rates between 5.25% and 5.5%, the highest …Read more  »

The housing market has thrown aspiring homeowners a curveball in 2024. After years of rock-bottom mortgage rates, inflation has come roaring back, sending rates sharply higher. This leaves many wondering: what will the next two months hold for mortgage rates? …Read more  »

For homebuyers in June 2024, the predictions of mortgage rates loom large. After a period of decline in early 2024, rates have seen a slight uptick in May, leaving many wondering what June holds. While the record lows of 2021 …Read more  »