For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...
Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.
With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where she produced daily news and ... mortgage rates to drop significantly in ...
Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed went from a ...
you may wonder whether mortgage rates will finally drop below 6%. We spoke with industry experts to understand what you should expect — and what factors to watch — as you plan your next move.
For example, though housing economists had expected mortgage rates to drop to 6% by the end of 2024 ... according to Matt Graham of Mortgage News Daily. "In the opposite scenario, where the ...
Buzz: Why do real estate people root for falling mortgage ... dropped vs. up 11% when home loans became pricer. Similar patterns are found in nationwide prices — up 4% when rates fall vs.
Closing out the year on a positive note, mortgage rates fell by a full percentage point after the Federal Reserve delivered three consecutive rate cuts. The moves dropped the federal funds rate ...
The housing world is frozen in a state of trapped homeowners who don’t want to sell and reduced affordability partly because of high borrowing costs. But there could be a spring thaw in ...
Mortgage rates last week ... morning with NBC DFW's News Headlines newsletter. "Purchase applications declined for both conventional and government loans and dropped to the slowest weekly pace ...