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All • Buying • Selling • February 23, 2024

How Changing Mortgage Rates Impact You

by Rodney Ward

 

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Some Highlights

Related Articles
All Mortgage Interest Rates Tick Up Again  Freddie Mac today (11/21/2024) released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.84 percent. “Mortgage rates ticked back up this week, continuing to approach 7 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into the holidays, purchase demand remains in the doldrums. While for-sale inventory is […]
All The Pace of Existing Home Sales To Remain Slow A report released today by Fannie Mae’s Economic and Strategic Research Group projects existing home sales will stay near historic lows through 2025. After a sharp rise in mortgage rates, sales for next year are expected to grow by only 4%, with rates forecasted to remain above 6% until at least 2026. However, there’s hope […]
Buying Don’t Miss Out Don’t Miss Out on the Growing Number of Down Payment Assistance Programs With rising home prices and volatile mortgage rates, it’s important you know about every resource that could help make buying a home possible. And one thing you’ll want to be aware of is just how much the number of down payment assistance (DPA) programs has […]
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