Remove articles the-fed-makes-its-move-and-more-rate-hikes-are-coming
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Why home prices haven’t crashed even with high mortgage rates

Housing Wire

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.

Mortgages 532
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Will Omicron variant stop first Fed rate hike?

Housing Wire

Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? Federal Reserve first rate hike? 10-year yield and mortgage rates.

Mortgages 537
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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

Mortgages 446
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Federal Reserve Predicted to Cut Rates 6 Times in 2024, but Homebuyers May Not Want (Or Need) to Wait

Lighter Side of Real Estate

mortgage rates will come down. So the recent news that ING Economics predicts that The Federal Reserve will cut rates 6 times starting in the second quarter of 2024 is probably music to your ears! However, when The Federal Reserve raises or lowers rates, it doesn’t directly impact mortgages.

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Higher Interest Rates Are Coming Soon!

Realty Biz

For homebuyers across the country, it feels like a never-ending uphill battle. And now, higher interest rates are about to kick in. What to Expect for Higher Interest Rates. What to Expect for Higher Interest Rates. If inflation persists, the Federal Reserve will be forced to move aggressively.

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Will We See An Interest Rate Hike In July?

Toronto Realty Blog

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. Not in many of our lifetimes, it seems.

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How the Russian-Ukraine War Might Affect Residential Real Estate

Realty Biz

This fast-moving story will change quickly. The two most probable and quickest are likely to be an increase in building material costs that is countered by a smaller increase in mortgage rates. These are the primary places that homebuyers and investors withdraw funds to make property purchases. residential real estate market.