Housing Wire

JANUARY 25, 2024

Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 397

Mortgages Fixed-rate mortgage MLS Banks 397

Housing Wire

DECEMBER 20, 2023

Sales were subdued in 2023 because of high mortgage rates and a lack of inventory Overall, Lisa Sturtevant, chief economist at Bright MLS, expects to see 4.1 Higher rates and lack of resale inventory dampened the housing market in 2023. However, the 30-year fixed-rate mortgage fell below 7% for the first time since Aug.

Sales 391

Sales Fixed-rate mortgage MLS Mortgages 391

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 433

Mortgages Fixed-rate mortgage MLS Staging 433

Housing Wire

DECEMBER 14, 2023

Meanwhile, HousingWire’s Mortgage Rates Center showed Optimal Blue ’s average 30-year fixed rate on conventional loans at 6.9% In today’s market, about two-thirds of outstanding mortgages still feature rates below 4%, and over 90% feature rates lower than 6%. on Thursday.

Mortgages 477

Mortgages Fixed-rate mortgage Loan Officer MLS 477

Housing Wire

NOVEMBER 16, 2023

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 7.409% on Thursday, compared to 7.444% the previous week. However, there is room for mortgage rates to fall further, according to Bright MLS Chief Economist Lisa Sturtevant.

Mortgages 432

Mortgages Fixed-rate mortgage MLS Investor 432

Housing Wire

AUGUST 10, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.96% as of August 10, up from last week ’s 6.90%. By contrast, the 30-year fixed-rate mortgage was at 5.22% a year ago at this time.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages New Construction Loans 370

Housing Wire

SEPTEMBER 7, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. By contrast, the 30-year fixed-rate mortgage was at 5.89% a year ago at this time. 7, down from last week ’s 7.18%.

Mortgages 422

Mortgages Fixed-rate mortgage Marketing MLS 422

Housing Wire

JANUARY 19, 2024

“Slow home sales in 2023 were accompanied by higher mortgage rates , with the average rate on a 30-year fixed rate mortgage hitting a 23-year high in early November. But we can’t blame high mortgage rates for the deficit in transactions last year.

Fixed-rate mortgage 428

Fixed-rate mortgage Sales MLS Mortgages 428

Housing Wire

MARCH 2, 2023

Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10% , up 16 basis points from 6.94 And it could be a while before they tick back down, economists say. on Wednesday.

Mortgages 432

Mortgages Fixed-rate mortgage Equity MLS 432

Housing Wire

SEPTEMBER 21, 2023

However, month-over-month, the median home price nationally was flat in August, Bright MLS Chief Economist Lisa Sturtevant noted. Elevated mortgage rates add to affordability pain As of Aug. 17, mortgage rates surpassed 7%, the 30-year, fixed-rate mortgage averaged 7.18% as of Sept.

Sales 411

Sales Fixed-rate mortgage MLS Mortgages 411

Housing Wire

SEPTEMBER 14, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Sept. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. 14, up from last week ’s 7.12%.

Mortgages 423

Mortgages Fixed-rate mortgage Investor MLS 423

Housing Wire

FEBRUARY 15, 2023

It means that the Federal Reserve will push forward with rate hikes through the spring, which will increase borrowing costs for consumers and businesses,” Lisa Sturtevant, Bright MLS ’ chief economist, said in a statement. 10, compared to the previous week’s 6.18%.

Mortgages 377

Mortgages Fixed-rate mortgage Loans MLS 377

Housing Wire

FEBRUARY 27, 2023

NAR expects the economy to continue adding jobs throughout 2023 and 2024, and the 30-year fixed rate mortgage to steadily drop to an average of 6.1% Despite the strong monthly increase, pending home sales are down 24.1% compared to a year ago. An index of 100 is equal to the level of contract activity in 2001. in 2023 and 5.4%

Sales 411

Sales Fixed-rate mortgage MLS Mortgages 411

Housing Wire

AUGUST 31, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. By contrast, the 30-year fixed-rate mortgage was at 5.66% a year ago at this time. 31, down from last week ’s 7.23%.

Mortgages 391

Mortgages Fixed-rate mortgage MLS Loans 391

Housing Wire

NOVEMBER 23, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage slowed its downward trajectory this week, declining three basis points from last week to 6.41%. Rates averaged 3.10% at this time one year ago. ” Other indexes show rates are slowly declining as well.

Mortgages 456

Mortgages Fixed-rate mortgage MLS Loans 456

Housing Wire

JULY 26, 2023

Bright MLS Chief Economist Lisa Sturtevant noted two weeks ago. Initially, higher rates did cool housing demand. Ahead of the Fed meeting, mortgage applications fell last week, recording the lowest index of purchase applications in over a month. However, at Mortgage News Daily , mortgage rates were higher, at 7.04%.

Fixed-rate mortgage 370

Fixed-rate mortgage Investor Mortgages Banks 370

Housing Wire

MARCH 14, 2023

“Before this week’s bank failures and growing risks in the banking sector, the February inflation report would have meant that it was all but certain that the Federal Reserve would continue to raise rates,” Lisa Sturtevant, Bright MLS chief economist, said in a statement. Compared to a year ago, the shelter index was up 8.1%

Banks 345

Banks Fixed-rate mortgage MLS Lending 345

Housing Wire

DECEMBER 23, 2022

The run-up in home prices was driven by rock-bottom mortgage rates and pandemic-fueled demand. As the pandemic took hold in the spring of 2020 and the Federal Reserve cut the federal funds rate to near zero, the average rate on a 30-year fixed-rate mortgage fell to below 3%, the lowest rate on record.

Marketing 378

Marketing Fixed-rate mortgage MLS Mortgages 378

Housing Wire

SEPTEMBER 20, 2023

range on Wednesday morning, according to interest rate traders. of these investors bet officials will freeze the rate hike at the November 1st meeting. On Monday, mortgage rates for 30-year fixed-rate mortgages were at 7.21%, according to HousingWire‘s Mortgage Rates Center.

Fixed-rate mortgage 419

Fixed-rate mortgage Mortgages Investor MLS 419

Marco Santarelli

MAY 10, 2024

Expert Predictions for 2024 A variety of forecasts from reputable sources provide insights into the expected mortgage rates trends in 2024 : Freddie Mac predicts that mortgage rates will remain above 6.5% The Mortgage Bankers Association (MBA) forecasts the 30-year fixed-rate mortgage to average 6.7%

Mortgages 52

Mortgages Fixed-rate mortgage MLS Banks 52

Toronto Realty Blog

APRIL 18, 2022

As has been widely discussed, the Bank of Canada raised the overnight lending rate by 50 basis points last week, on the heels of a 25 basis point increase last month. The 5-year, fixed-rate mortgage isn’t affected by the overnight lending rate, but rather the variable is. Fixed-Rate (5-year): 4.19%.

Fixed-rate mortgage 91

Fixed-rate mortgage Mortgages Purchase and sale agreement MLS 91

Marco Santarelli

DECEMBER 2, 2023

Many people who are looking to buy a home in the US are wondering if they will ever see mortgage rates as low as 3% again. After all, just a year ago, the average 30-year fixed-rate mortgage was around 3.1% , according to Freddie Mac. But since then, mortgage rates have been steadily rising.

Mortgages 105

Mortgages Fixed-rate mortgage Investor MLS 105

Realtor.com

NOVEMBER 10, 2022

Those higher mortgage rates have priced many first-time buyers out of homeownership, while others have been forced to drastically reduce their budgets and expectations. “Even as rate hikes begin to slow inflation, the Fed will continue on its path of continued rate increases. 10, according to Freddie Mac. .”

Mortgages 88

Mortgages Fixed-rate mortgage MLS Loans 88

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 How did US home prices change in the last couple of years?

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Boom Town

SEPTEMBER 11, 2020

Low interest rates on long-term mortgage loans have fallen even further, hitting an all-time historic low in August, 2020. Mortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week’s 3.13%. You are the key here!

Fixed-rate mortgage 98

Fixed-rate mortgage MLS Mortgages Agents 98

GeekEstate

SEPTEMBER 16, 2020

Low interest rates on long-term mortgage loans have fallen even further, hitting an all-time historic low in August, 2020. Mortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week’s 3.13%. You are the key here!

Fixed-rate mortgage 110

Fixed-rate mortgage MLS Agents Mortgages 110

Housing Wire

AUGUST 24, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.23% as of August 24, up from last week ’s 7.09%. By contrast, the 30-year fixed-rate mortgage was at 5.55% a year ago at this time.

Mortgages 369

Mortgages Fixed-rate mortgage Banks Investor 369

Toronto Realty Blog

JANUARY 13, 2021

I currently have a five-year, fixed-rate mortgage approved at 1.30%. That is a little more than one-quarter of my first mortgage rate back in 2005. Here are two edits in the back-end of MLS that illustrate what happened: On January 6th, the listing was entered into MLS with “offers any time.”

Sales 69

Sales Pre-approval Fixed-rate mortgage MLS 69

Real Trends

AUGUST 19, 2022

In addition, mortgage rates are no longer in the high-2% to low-3% range, with the 30-year fixed-rate mortgage averaging 5.13% for the week ending August 19. In Pulliam’s market, the median home price has risen 46% in the past two years to $219,450, according to Redfin.

Agents 77

Agents Marketing Industrial Fixed-rate mortgage 77

HomeLight

APRIL 11, 2023

She goes on to say that buyers now “can sometimes receive seller concessions that can be used to buy down their interest rates, and then they’re not waiving important contingencies that they’ve had to waive in the past couple of years.” Bottom line: When is the best time to buy a house in Colorado?

Fixed-rate mortgage 85

Fixed-rate mortgage Seller concession Agents Sales 85

Calculated Risk Real Estate

NOVEMBER 17, 2023

Early Read on Existing Home Sales in October From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.94 from last October.

Sales 64

Sales Fixed-rate mortgage MLS Mortgages 64

RIS Media

MARCH 9, 2022

Commenting on the latest statistical report from Northwest MLS, representatives of the service, which includes 2,500-member firm offices and 32,000 brokers, expressed optimism for the housing market as pandemic-related restrictions ease, but also uncertainty due to the global economic crisis around Russia’s invasion of Ukraine.

Purchase and sale agreement 98

Purchase and sale agreement MLS Fixed-rate mortgage Mortgages 98

HomeLight

JUNE 9, 2023

The interest rate for fixed-rate mortgages does not change over the life of the loan. The only way your interest rate would change is through refinancing. Fixed-rate mortgages make it easy to budget and know exactly how much you owe. With an adjustable-rate loan, the interest rate is variable.

Title 104

Title Loans Title search Fixed-rate mortgage 104

HomeLight

DECEMBER 1, 2021

According to the National Association of Realtors , DOM — days on market — indicates the number of days from when the property was first listed for sale on the Multiple Listing Service ( MLS ) to the date a seller signs a contract of sale. Several reasons affect the number of days on market: Low interest rates. Low inventory.

Marketing 94

Marketing Days on market Agents Fixed-rate mortgage 94

Marco Santarelli

AUGUST 26, 2022

When a seller accepts a sales contract on a property, it is recorded into a Multiple Listing Service (MLS) as a “pending home sale.” Taking into account a 30-year fixed-rate mortgage and a 20% down payment, the monthly mortgage payment on a typical property rose 54%, or $679, to $1,944 a year ago.

Sales 52

Sales Marketing Fixed-rate mortgage MLS 52

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

SEPTEMBER 23, 2021

individuals and companies moving to South Florida, and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. The average commitment rate across all of 2020 was 3.11%. Miami-Dade County total home sales surged 30.6%

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104