Category: Housing Market

Mortgage Refinance Rates Rise Compared to Last Week – December 22, 2024

December 22nd, 2024
Mortgage refinance rates hold significant importance for homeowners who aim to lower their monthly payments or leverage their home equity for new financial opportunities. As of December 22, 2024, the average 30-year fixed refinance rate stands at 6.71%, down just 1 basis …Read more  »

Today’s Mortgage Rates Rise to Highest Point Since June 2024

December 22nd, 2024
Mortgage rates are a critical consideration for anyone looking to borrow money for a home. As of December 22, 2024, the average 30-year fixed mortgage rate has increased to 6.67%, marking its highest point since June 2024. Understanding these rates is important …Read more  »

Home Sales Jump as Buyers Adjust to High Mortgage Rates: What to Expect in 2025?

December 21st, 2024
It appears that home buyers are indeed adjusting to the current reality of higher mortgage rates. While the dream of sub-4% rates seems to be a distant memory, the housing market is showing signs of resilience as buyers become more …Read more  »

Today’s Mortgage Rates Trends – December 21, 2024 Update

December 21st, 2024
Here's the deal with today's mortgage rates. It's December 21st, 2024, and if you're thinking about buying a house, you should know that mortgage rates are hanging around 6.70% on average. That's kind of a jump-up recently. Why the bump? …Read more  »

Today’s Mortgage Rates Rise to 6.7% – December 20, 2024 Update

December 20th, 2024
Mortgage rates have surged today, December 20, 2024, reaching 6.7%. This increase follows the Federal Reserve's recent cut of 25 basis points to the federal funds rate, surprising many borrowers as they expect mortgage rates to decline with any Fed rate …Read more  »

Most Popular Housing Markets: Unveiling Hotspots of 2024

December 20th, 2024
If you're anything like me, you've probably been glued to real estate websites, dreaming about your next move. Well, I've got some exciting news for you! According to Zillow's analysis of 2024, Manchester, New Hampshire is the most popular housing market right …Read more  »

Home Sales Soar in November 2024 With Highest Jump Since Mid-2021

December 20th, 2024
Yes, you heard it right! Existing-home sales surged 4.8% in November, marking the most significant year-over-year increase since June 2021. This is a pretty big deal if you've been keeping an eye on the housing market, and it could indicate some …Read more  »

Existing Home Sales Predicted to Remain at 30-year Low in 2025

December 20th, 2024
If you've been following the housing market, you know it’s been a bit of a rollercoaster lately. It feels like we’re all holding our breath, waiting for things to change, especially if you're hoping to buy or sell a house …Read more  »

Today’s Mortgage Rates Rise After Fed Meeting – December 19, 2024

December 19th, 2024
Yesterday's Federal Reserve meeting has stirred significant changes in mortgage rates, leaving many potential homebuyers and homeowners looking to refinance puzzled. Today’s mortgage rates saw a slight increase following the Fed's announcement to cut the federal funds rate. The 30-year …Read more  »