January mortgage rates forecastMortgage rates might rise modestly in January, reaching their 2023 peak before settling lower the rest of the year.If mortgage rates do rise in January, they will do so in response to two things:A stubbornly high inflation rate.Uncertainty about what the Federal Reserve will do at its next monetary policy meeting, which...
January mortgage rates forecastMortgage rates might rise modestly in January, reaching their 2023 peak before settling lower the rest of the year.If mortgage rates do rise in January, they will do so in response to two things:A stubbornly high inflation rate.Uncertainty about what the Federal Reserve will do at its next monetary policy meeting, which...
Stocks fell broadly on Wall Street and Treasury yields rose Thursday afternoon after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy in order to fight inflation.
The growth in the price of existing homes in the Winston-Salem metro area remained on a downward pattern during November, according to a repor…
The Triad housing market remains at its least affordable level for potential buyers in at least 17 years, according to Attom Data Solutions’ f…
A rally pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected.
The housing market has slowed sharply this year as mortgage rates surged to a 20-year high, reducing homebuyers' purchasing power at a time wh…
The growth in the price of existing homes in the Winston-Salem metro area continued to slide during October, according to a report released la…
The third-quarter housing market was, yet again, unfriendly to first-time buyers. High mortgage rates moderated any relief from the high prices and scant listings that have dominated the past few…
The third-quarter housing market was, yet again, unfriendly to first-time buyers. High mortgage rates moderated any relief from the high prices and scant listings that have dominated the past few…
Mortgage rates fell for the third consecutive week ending December 1, but they weren’t enough to encourage home shoppers to re-enter the market—mortgage applications and pending home sales remain at anemic levels. The average 30-year, fixed-rate mortgage slipped to 6.49% for this week, according to Freddie Mac. The rate fell 9 basis-points from last week’s […]
The Triad was listed in the middle of the national pack when it comes to vulnerability to a significant housing market decline, according to a…
The number of homes selling each month has been on the decline for eight straight months. But homes are still selling, even if slowly.
The conditions for home buyers have been not been ideal. When will they improve?
This last year has been tough for a lot of people, and it goes way beyond the pandemic, as we all know. Here are some things you can be grateful for, even in the middle of chaos.
It's a really big decision.
Mortgage rates have taken a nosedive this week following a better-than-expected monthly inflation reading. Nonetheless, elevated home prices, depressed buyer demand and low builder confidence indicate the housing market has a ways to go before it finds balance. The average 30-year, fixed-rate mortgage plummeted to 6.61% for the week ending November 17, from 7.08% last […]
Mortgage rates have shot back over 7% to the identical record-high mark set in late October, keeping borrowers on the sidelines amid ongoing market fluctuations and recession fears. The average 30-year, fixed-rate mortgage rose to 7.08% for the week ending November 10, according to Freddie Mac. Mortgage rates have made a 13 basis-point jump from […]
If you've wanted to buy a home but have been priced out of the housing market, the pendulum between a seller's and a buyer's market may be swinging in your favor.
Mortgage rates moved closer to 7% this week amidst a perfect storm of recession fears, stubborn inflation and the hint of more Federal Reserve interest rate hikes, further dampening housing market outlooks for at least the near future. The average 30-year, fixed-rate mortgage inched up to 6.94% the week ending Oct. 20, according to Freddie […]
The housing market in 2021 was one for the record books.
The housing market in 2021 was one for the record books. With prices at historic highs and the number of listings in a deep hole, open houses looked like Black…
Mortgage rates surged close to 7% this week, breaking another record-high not seen in two decades as inflation pressures mount and home shoppers retreat even further from the housing market. The average 30-year, fixed-rate mortgage jumped to 6.92% the week ending Oct. 13, according to Freddie Mac. The most popular mortgage product jumped 26 basis […]
The growth in the price of existing homes in the Winston-Salem metro area continued to slow during August, according to a report released by n…
Whether you long to buy your first home or you own one and have considered selling, here's what falling prices could mean for you.
Get up-to-the-minute news sent straight to your device.
