November 7, 2024
“Mortgage rates continued to inch up this week, reaching 6.79 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “It is clear purchase demand is very sensitive to mortgage rates in the current market environment. As […]
November 2, 2024
Daylight Saving Time in the United States: Twice a year, the United States shifts its clocks in an annual tradition known as Daylight Saving Time (DST). While some states and regions debate the relevance of […]
October 31, 2024
“Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,” said Sam Khater, Freddie Mac’s Chief Economist. “With several potential inflection points happening over the next week, including […]
October 25, 2024
Nevada: comes from the Spanish adjective meaning “snow-covered” or “snowy” Capital: Carson City Statehood: October 31, 1864 Nickname: “The Silver State” Washoe (the early name for Nevada) Motto: “All For Our Country” (1866) Flower: sagebrush (1917) […]
October 24, 2024
“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 […]
October 12, 2024
“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 […]
October 8, 2024
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 […]
October 4, 2024
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. […]
October 3, 2024
“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 […]
October 1, 2024
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 […]