Hawkish Fed couldnât curb market optimism â and mortgage rates tumbledÂ
The latest Freddie Mac index measured the 30-year fixed mortgage rate at 6.09% on Thursday, down four basis points from the previous week.
Logan Mohtashami
HousingWire Magazine: ‘The Future’ Issue
I want to showcase how this issue, which focuses on the future of housing, tries to explain what next year will look like.
Pending home sales are down 37% from last year
This is the fifth consecutive month of of month-over-month declines, and pending home sales have now fallen in 11 of the last 12 months.
Inflation slows to 7.1% in November, a boost for the housing market
Slower-than-expected inflation rate is good news for the housing market, which has suffered greatly from the affects of rate hikes.
LOs, mortgage rates and the long, cold winter ahead
Despite a recent decline in mortgage rates, the housing market is still nowhere near normal and volume will remain low for the foreseeable future.
Lower mortgage rates, higher inventory increase mortgage demand – HousingWire
Lower mortgage rates, higher inventory increase mortgage demand HousingWire
Lower mortgage rates, higher inventory boost demand for home loansÂ
A recent drop in mortgage rates and the uptick in home inventory has led to optimism in the air for the mortgage industry.
Housing Market Tracker: Inventory falls again
In this week’s Housing Market Tracker, Lead Analyst Logan Mohtashami shows how total inventory could break under 1 million.
Logan Mohtashami’s 2023 housing market forecast
Logan Mohtashami lays out his housing market forecast for 2023 looking at home prices, mortgage rates and housing inventory.
Mortgage rates climb higher to 2.97%
The average mortgage rate for a 30-year fixed loan is now just 3 basis points away from 3%, after a 16 basis point jump according to Freddie Mac.
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