Mortgage Interest Rates

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Housing Market The Resilience of the Home Market: No Market Crash in Sight I am writing to share some insights and data that should alleviate any concerns you might have about a potential home market crash. The current conditions in the housing market indicate a strong and stable outlook, and here’s why: Strong Equity Position: A significant proportion of homeowners (over 39%) have no mortgage on their properties, […]
Housing Market Mortgage Rates Are Steadily Edging Downward May 11, 2023Mortgage FinancingBy: Melissa Dittmann Tracey “A recent sideways trend in mortgage rates is a welcome departure from the record increases of last year,” says Freddie Mac’s chief economist. The average for the 30-year fixed-rate mortgage fell slightly to 6.35% this week, Freddie Mac reported Thursday, helping buyers save more on borrowing costs. “This […]
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