“The continued strength in the economy drove mortgage rates higher once again this week. Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that […]
“Following the release of a stronger-than-expected September jobs report, the 30-year fixed rate mortgage saw the largest one-week increase since April,” said Sam Khater, Freddie Mac’s Chief Economist. “However, we should remember that the rise […]
Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you think it’s time to pull the listing and wait to see what 2025 brings. But […]
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that prices are coming down. […]
“The decline in mortgage rates has stalled due to a mix of escalating geopolitical tensions and a rebound in short-term rates that indicate the market’s enthusiasm on rate cuts was premature,” said Sam Khater, Freddie […]
After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet […]
“Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” said Sam Khater, Freddie Mac’s Chief Economist. “Given the downward trajectory of rates, refinance activity continues […]
When buying or selling a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will impact your entire experience and how smoothly it goes. As you figure out who you’ll […]
Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see […]
Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize […]