Realty Biz
APRIL 19, 2024
Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. The 30-year fixed-rate mortgage rate was at 6.6 At the same time, new constructions struggle to keep up with the market.
The Residential Specialist
OCTOBER 19, 2021
The 2020/2021 market has been defined by “a lack of homes for sale relative to demand,” says Gay Cororaton, National Association of REALTORS ® senior economist, director of Housing and Commercial Research. The causes of 2022’s slightly deflated demand: a slight increase in both new housing starts and interest rates, as well as buyer fatigue.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Realty Biz
SEPTEMBER 4, 2021
And importantly, it did so through government-backed, low-interest, fixed-rate mortgages with zero or low-down payments with up to 30-year terms. Moving forward, came the pandemic that brought new construction almost to a standstill. In effect, the G.I. Bill put homes within reach of all but the poorest American vets.
Toronto Realty Blog
SEPTEMBER 7, 2023
Even if mortgage delinquencies doubled , we’d still only be back to 2019 levels. One of my investors was on a fixed-rate mortgage and his mortgage rate is going to skyrocket as of October 1st, so he sold the unit in the summer to avoid being significantly cash flow negative on the property.
Realty Biz
MAY 21, 2023
Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. Home sales are sensitive to mortgage rate changes. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35% as of May 11. That's down from 6.39% the previous week but up from 5.30% one year ago.
Realty Biz
DECEMBER 26, 2022
While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. That's down from 6.33% last week, but up from 3.12% one year ago.
Realty Biz
MARCH 21, 2023
Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage is 6.60% as of March 16. Miami Real Estate Posts $190.4
Expert insights. Personalized for you.
90 
Let's personalize your content