articles solid-jobs-report-sends-mortgage-rates-lower 
Housing Wire
NOVEMBER 3, 2023
The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. We had a solid job openings print this week and jobless claims are still near historic lows. But, job growth is returning to its average pace.
Housing Wire
APRIL 12, 2023
The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. As I am writing this article, it’s trading at 3.42%.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
NOVEMBER 18, 2022
Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Presented by: ServiceLink.
The Close
APRIL 30, 2024
You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. That way, the seller isn’t locked into it for 30 years, and the buyer can refinance beforehand into a lower rate should rates go down. Compare $299,999 to $300,000.
Housing Wire
DECEMBER 20, 2021
Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.
Marco Santarelli
SEPTEMBER 6, 2020
Now, as we know, the coronavirus crisis has cost many their jobs. We are not suggesting using crowdfunding instead of applying for a mortgage. You get a higher interest rate than you would if it sat in a money market account. Renting out the property gives you a source of income to pay bills like the mortgage and insurance.
The Close
SEPTEMBER 8, 2022
Statistics in this article: Real Estate Agent Statistics. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Related Article. Related Article. Interest rates have literally never been lower than in 2021—at one point reaching as low as 2.65%. Census Bureau.
Expert insights. Personalized for you.
496 
Let's personalize your content