Market News
How Much Will Today’s Median Home Price—$375K—Really Get You Across the U.S.?
By Elena Cox Homebuyers these days are one stressed-out group, and they have plenty of questions. They want to know how high mortgage rates will rise. How to win insane bidding wars. Whether to join the suburban rush or the bi...
Here’s How Inflation Is Affecting Home Prices: What Buyers and Sellers Need To Know Right Now
By Janet Siroto Inflation is a red-hot topic right now, and for good reason: In October, the annual inflation rate rose to an alarming 6.2%. That’s the highest it’s hit since November 1990, over 30 years ago, and a steep up...
‘Buyers Will Get Creative’: The Rate of Home-Price Growth Is Slowing, but Buyers Can’t Catch a Break
By Jacob Passy The numbers: Home-price growth continues to decelerate For the third consecutive month, home-price appreciation occurred at a slower pace, according to a major price barometer released Tuesday, reinforcing the not...
Today’s Mortgage Rates Move Lower | January 4, 2022
By Leslie Cook The interest rate on a 30-year fixed-rate mortgage decreased to 3.627% today, down 0.086 percentage points from yesterday. Thirty-year refinance loans are also seeing lower rates, coming in at 3.76%. Mortgage rate...
Interest Rates Are Rising—but the Fed’s Actions Could Make It Easier To Get a Mortgage
By Jacob Passy Mortgage rates are already rising in response to the Federal Reserve’s hawkish stance on inflation, but home buyers may not need to worry about having trouble qualifying for a home loan in the months to come. The 30-year ...
Market Statistics: November 2021
View Homes Sales Report Here View Press Release Here Source: https://www.nvar.com/public/news/market-statistics/market-statistics-november-2021
How 4 Experts Say You Can Prepare Now for a Busy Housing Market This Spring
SPRING 2022 HOME-BUYING SEASON PREVIEW Main Takeaways for Buyers Low housing inventory and high demand will create a strong seller’s market, but not as intense as the peak of 2021. Home prices are expected to continue rising, but at a ...
Today’s Mortgage Rates Rise | December 6, 2021
Mortgage interest rates are up once again, with the average rate for a 30-year fixed-rate mortgage at 3.625% this morning. Refinance loan rates were also higher, with the average 30-year refinance rate moving up to 3.772%. Almost all other ...