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Are mortgage rates about to fall?

Housing Wire

Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. What should we expect this week and what should we focus on for the rest of the year? For the rest of the year, it’s all about the labor market.

Mortgages 411
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Where are mortgage rates headed?

Housing Wire

Weekly active listings rose by only 4,270 Mortgage rates went from 7.03% to 7.19% Purchase apps were down 3% week to week Mortgage rates and bond yields Last week we started with lower bond yields as we anticipated inflation reports to continue the trend of slower year-over-year inflation data. We saw an example of that last week.

Mortgages 369
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Housing Market Tracker: Rates finally head lower

Housing Wire

Weekly active listings rose by 5,569 Mortgage rates fell from 7.12% to a low of 6.87% , the recent high was 7.22% Purchase apps were up 2% from week to week. Weekly active listings rose by 5,569 Mortgage rates fell from 7.12% to a low of 6.87% , the recent high was 7.22% Purchase apps were up 2% from week to week.

Marketing 370
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Fed delivers the expected 25 bps rate hike. What’s next? 

Housing Wire

As expected, the Federal Reserve slowed the rate hikes in 2023 amid cooling inflation data, sparking hopes of a recovery for the housing market this year. The Federal Open Market Committee (FOMC) on Wednesday afternoon decided to raise the federal funds rate by 25 basis points to the 4.50%-4.75% range.

Mortgages 383
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The housing market correction will be deep, and ugly

Housing Wire

You think things are bad in the housing market now? trillion in 2023 will look awfully rosy. Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.”

Marketing 370
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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. When you buy through our links, we may earn a commission.

Brokerage 403
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Fannie Mae’s Home Purchase Sentiment Index Rises as Home Prices Fall

Broke Agent Media

points in December 2022 to 61.0. Only 21% of respondents said it’s a “good time to buy,” but that’s more than the 16% from October and November. points in December 2022 to 61.0. points in December 2022 to 61.0. But that number is higher than the 16% from the previous two months. BAM Key Details: .