rates
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Real estate
Demand for housing is increasing due to lower mortgage interest rates
Housing demand is highly seasonal, so the fact that our current contract data has been strengthening lately just shows that…
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Real estate
Are these the lowest mortgage rates we will see in 2024?
Have we seen the bottom of mortgage rates for 2024 after a crazy rollercoaster ride so far this year? My…
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Real estate
Reverse mortgage lenders are ready for lower interest rates
Like the traditional futures market, the reverse mortgage industry has been operating in a high interest rate environment for some…
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Real estate
Fed policy will change. How will mortgage rates react?
Federal Reserve Policymakers are expected to cut the benchmark interest rate on Wednesday for the first time in more than…
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Real estate
Homebuilders have a rosier outlook now that mortgage rates are falling
Confidence among homebuilders has been declining for months, but positive developments in mortgage rates make their prospects brighter. This is…
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Real estate
Lower mortgage rates attract more home buyers
An often misplaced premise that I see on social media is that lower mortgage rates do nothing for housing demand.…
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Real estate
Could mortgage interest rates be even lower?
If we took the worst levels of 2023 spreads and included them today, mortgage rates would be the same 0.59%…
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Real estate
Mortgage rates did not drop after the jobs report
Mortgage rates were flat after a jobs report Friday showed the labor market continues to cool. Mortgage rates for homebuyers…
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Real estate
A drop in mortgage rates to 5% would bring a large number of buyers back into the market
The falling mortgage interest rate has not yet been able to break through the barrier in the stagnant housing market,…
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Real estate
How reverse mortgage lenders are planning for potentially lower rates
With mortgage rates holding up over the past two years, Federal Reserve Chairman Jerome Powell recently indicated at this month’s…
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