Mortgage rates dropped again, so why are some borrowers on the sidelines?
Survey data from Freddie Mac shows the 30-year fixed-rate mortgage rate slowed its downward trajectory this week, declining three basis points from last week to 6.41%.
Survey data from Freddie Mac shows the 30-year fixed-rate mortgage rate slowed its downward trajectory this week, declining three basis points from last week to 6.41%.
After a strong start, existing home sales fizzled through most of 2022, dropping 17% to an annual pace of 5.03 million.
Now is the opportunity for everyone to become re-educated about what a âtypicalâ housing market looks like.
Overall inflation is cooling, but the index for shelter is still on the rise, as more Fed rate hikes are expected this year.