Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? Also, when mortgage rates rise, the inventory peak happens later in the year. However, when mortgage rates rise and demand gets hit, the price cut percentage data grows year over year. Is the seasonal bottom going to happen later than I want?

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Marco Santarelli

APRIL 20, 2023

For prospective homebuyers and current homeowners, keeping a close eye on mortgage rates is crucial in determining when to make a move in the housing market. After five consecutive weeks of increases, the 30-year, fixed-rate mortgage averaged 6.39% for the week ending April 20, up from 6.27% the week prior, according to Freddie Mac.

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Marco Santarelli

APRIL 26, 2023

One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in the decision-making process for both homebuyers and sellers. By March 2023, the fed funds rate was increased to a range of 4.75% to 5.00%.

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Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports. I explain how this happened in this recent podcast.

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Redfin

APRIL 28, 2023

Mortgage interest rates are always changing – moving up and down each day, even each hour. These quick changes can impact the amount you pay when you refinance or close on your mortgage. However, locking in your mortgage rate does come with some risk. What does it mean to lock in my interest rate?

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Housing Wire

JANUARY 4, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. With a recession predicted to start in the first quarter of 2023, one plausible scenario involves the Federal Reserve cutting the federal funds rate in mid-to-late 2023.

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Broke Agent Media

MAY 1, 2023

Some are fed up because their offers keep getting beaten by cash buyers. Tom Toole Your ability to do that—to stay positive and keep everyone moving forward even after losing out on the third or fourth home—is critical, especially in a market like this one. There are a lot of frustrated buyers right now. So, how do you do that? #1

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