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4 Money-Saving Non-Essentials for Buyer Clients Unnerved by Rising Mortgage Rates

The last thing you want as a buyer agent after signing a client who is excited to purchase a home is for them to get depressed by elevated mortgage rates and decide .....»»

Category: realestateSource: rismediaApr 25th, 2024

Homeowners are sitting on a record amount of cash, but they"re not really tapping it

The combination of rising home prices and falling mortgage rates has U.S. homeowners sitting on a veritable fortune in home equity. The collective amount of money borrowers could pull out of their homes hit a record $6.3 trillion......»»

Category: realestateSource: cnbcAug 28th, 2019

Buyer traffic rising as real-estate agents report concern over mortgage rates, inventory

A monthly survey of real estate agents found several common themes around the country: rising rates are motivating people to get out house-hunting, but there’s little inventory to be found......»»

Category: topSource: marketwatchApr 9th, 2018

How home buyers could save some money amid rising rates

How badly do you want that new house? Prospective home buyers are facing pressure in the form of high home prices and the prospect of rising mortgage rates. .....»»

Category: topSource: moneycentralJan 7th, 2019

Mortgage Rates Increase for Fifth-Straight Week

The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, according to the latest Primary Mortgage Market Sur.....»»

Category: realestateSource: rismediaMay 2nd, 2024

Pending Home Sales Jump 3.4% in March, Expected to Continue Upward Trend

Despite rising mortgage rates, pending home sales jumped 3.4% in March, according to the latest housing report from the National Association of REALTORS® (NAR). Transaction volumes in the Northeast, South and West .....»»

Category: realestateSource: rismediaApr 25th, 2024

Housing shortage hits mortgage purchase applications

Rising mortgage rates and a housing shortage is hampering mortgage applications......»»

Category: topSource: foxnewsMay 19th, 2021

Housing shortage pushes mortgage purchase applications down

Rising mortgage rates and a housing shortage is hampering mortgage applications......»»

Category: topSource: foxnewsMay 19th, 2021

: Is now a good time to buy a house? Should homeowners sell? Your guide to the hot real-estate market

Low mortgage rates, rising home prices and a shortage of properties for sale have made for a complicated market......»»

Category: topSource: marketwatchApr 22nd, 2021

: Is now a good time to buy — or sell — a home? Here’s what Americans need to know about the hot real-estate market

Low mortgage rates, rising home prices and a shortage of properties for sale have made for a complicated market......»»

Category: topSource: marketwatchApr 22nd, 2021

Potential buyer seeks fixer-upper for $7,000. Can it be done?

REAL ESTATE MATTERS | Cheaper homes have all but disappeared in recent years because of a lack of homes for sale, mortgage-interest rates at or near historic lows and a pandemic that sent city dwellers to the suburbs and beyond......»»

Category: topSource: washpostApr 19th, 2021

Valley homebuyers race to lock in deals as mortgage rates inch up amid nation"s biggest price bump

Once again Phoenix led the nation in home price growth, but rising mortgage interest rates are throwing a monkey wrench into homebuyers' attempts to lock in on a good deal. Here's what the experts are seeing......»»

Category: topSource: bizjournalsMar 30th, 2021

Mortgage rates hit 9-month high after rising for six weeks in a row

The 30-year fixed-rate average jumped to 3.17 percent, its highest level since June......»»

Category: worldSource: nytMar 25th, 2021

: The Fed plans to keep interest rates low — so why do mortgage rates keep rising?

Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn’t change its policy......»»

Category: topSource: marketwatchMar 19th, 2021

Spring Selling Market: Rising Mortgage Rates No Cause for Concern

The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage application.....»»

Category: realestateSource: rismediaMar 16th, 2021

: Mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Are there any upsides to rising interest rates?.....»»

Category: topSource: marketwatchMar 7th, 2021

Home construction may hit skids as new supply shortage looms

A shortage of a critical part used to build basements in new homes threatens to bring new construction to a standstill, delivering the latest blow to an industry that has been squeezed by rising mortgage rates and a lumber deficiency......»»

Category: topSource: foxnewsMar 6th, 2021

: Mortgage rates break a rising trend and edge lower — as Biden administration pushes $1.9-trillion stimulus

There’s one reason why Americans shouldn’t necessarily fear higher rate......»»

Category: topSource: marketwatchJan 22nd, 2021

Record low mortgage rates may be ending; 30-year rises to 2.79%

Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan jumped to 2.79% from 2.65% la.....»»

Category: topSource: chicagotribuneJan 14th, 2021

Experts predict what the 2021 housing market will bring

Many economists anticipate another strong year with low mortgage rates and rising prices......»»

Category: topSource: washpostJan 11th, 2021

Mortgage rates settle near historic lows as the purchase market begins to pick up

The 30-year fixed-rate average drifted to 3.28 percent, rising for the third week in a row......»»

Category: topSource: washpostMay 14th, 2020