Market Trends

  • Instant Reaction: Mortgage Rates, September 21, 2023
    on September 21, 2023 at 4:40 pm

    Instant Reaction: Mortgage Rates, September 21, 2023 Mortgage interest rates remained relatively steady in the last week at an elevated rate of 7.19% for the 30-year fixed. By:  Jessica Lautz Mortgages & Home Financing

  • Instant Reaction: Fed Announcement, September 20, 2023
    on September 20, 2023 at 7:17 pm

    Instant Reaction: Fed Announcement, September 20, 2023 The Fed needs to wait and not raise rates. Possible interest rate cuts then need to be considered once inflation is fully under control. By:  Lawrence Yun

  • Housing Affordability Challenges Persist in July 2023
    on September 14, 2023 at 9:20 pm

    Housing Affordability Challenges Persist in July 2023 At the national level, housing affordability was flat in July 2023 compared to the previous month. By:  Michael Hyman

  • Instant Reaction: Mortgage Rates, September 14, 2023
    on September 14, 2023 at 4:52 pm

    Instant Reaction: Mortgage Rates, September 14, 2023 Mortgage interest rates for the 30-year fixed rose slightly to 7.18%, making the monthly payment on a typical single-family existing home $2,234. By:  Jessica Lautz Mortgages & Home Financing

  • Instant Reaction: Consumer Price Inflation, September 13, 2023
    on September 13, 2023 at 1:42 pm

    Consumer Price Inflation, September 13, 2023 Overdoing the rate hikes, considering that inflation is likely to calm, will unnecessarily damage the economy. By:  Lawrence Yun

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