#mortgage-rates

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#housing-market

Mortgage Rates Reach Seven-Month High

Interest rates on mortgages have reached 6.93%, exacerbating housing affordability issues in the U.S.

Home sales are stalled with 7% mortgages

Unsold home inventory is increasing due to weak demand, particularly in the condo market, influenced by high mortgage rates.

The two big housing market trends to watch in 2025

Housing affordability in the U.S. is at its worst levels in decades heading into 2025.
The housing market is witnessing longer listing times and potential seller increases.

Mortgage rates above 7% cloud the housing market outlook

Mortgage rates remain high despite Fed rate cuts, with the 30-year fixed averaging 7.09%.
Market forecasts suggest no imminent rate cuts from the Fed in January.

Mortgage Rates Surge Back Above 7% After Strong Jobs Report

Rising mortgage rates are largely driven by strong economic conditions and robust employment figures.

Home sales rise at fastest pace since March - but market set for worst year since 1995

Home sales increased in November, reaching their fastest pace since March 2023 despite higher mortgage rates.

Mortgage Rates Reach Seven-Month High

Interest rates on mortgages have reached 6.93%, exacerbating housing affordability issues in the U.S.

Home sales are stalled with 7% mortgages

Unsold home inventory is increasing due to weak demand, particularly in the condo market, influenced by high mortgage rates.

The two big housing market trends to watch in 2025

Housing affordability in the U.S. is at its worst levels in decades heading into 2025.
The housing market is witnessing longer listing times and potential seller increases.

Mortgage rates above 7% cloud the housing market outlook

Mortgage rates remain high despite Fed rate cuts, with the 30-year fixed averaging 7.09%.
Market forecasts suggest no imminent rate cuts from the Fed in January.

Mortgage Rates Surge Back Above 7% After Strong Jobs Report

Rising mortgage rates are largely driven by strong economic conditions and robust employment figures.

Home sales rise at fastest pace since March - but market set for worst year since 1995

Home sales increased in November, reaching their fastest pace since March 2023 despite higher mortgage rates.
morehousing-market
#housing-affordability

The Income Needed in Each State To Afford a Starter Home at a 7% Mortgage Rate

Mortgage rates are approaching 7%, making starter homes less affordable for first-time buyers.

These 8 charts show what bubble-spotter Ivy Zelman thinks will happen in the US real-estate market after the least affordable year since 1984

The US real estate market is expected to improve in 2025, but entry-level affordability remains a significant challenge for buyers.

Builders are 'a bit desperate' to move Florida inventory, says housing market analyst

Historic deterioration in housing affordability has been marked by surging home prices and rising mortgage rates, impacting buyers significantly.

The Income Needed in Each State To Afford a Starter Home at a 7% Mortgage Rate

Mortgage rates are approaching 7%, making starter homes less affordable for first-time buyers.

These 8 charts show what bubble-spotter Ivy Zelman thinks will happen in the US real-estate market after the least affordable year since 1984

The US real estate market is expected to improve in 2025, but entry-level affordability remains a significant challenge for buyers.

Builders are 'a bit desperate' to move Florida inventory, says housing market analyst

Historic deterioration in housing affordability has been marked by surging home prices and rising mortgage rates, impacting buyers significantly.
morehousing-affordability
#inflation

30-Year Mortgage Rate Rises Above 7% for First Time Since May

Mortgage rates have surpassed 7%, affecting buyer and seller engagement significantly.
Economic strength and rising inflation are major factors in increasing mortgage rates.

Mortgage rates will remain elevated while the economy runs hot

Mortgage rates are largely driven by the 10-year Treasury yield, not directly by Fed rate cuts.
The job market remains strong, with significant nonfarm payroll growth.
Analysts predict the Fed's rate-cutting cycle is over due to robust economic activity.
No major drop in mortgage rates is expected in 2025.

Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates

Annual inflation has increased for three consecutive months, impacting mortgage rates nearing 7%.
Higher inflation results in higher policy rates delayed cuts by the Federal Reserve.

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Mortgage rates have closed the window for buyers and sellers due to rising rates and stubborn inflation.

30-Year Mortgage Rate Rises Above 7% for First Time Since May

Mortgage rates have surpassed 7%, affecting buyer and seller engagement significantly.
Economic strength and rising inflation are major factors in increasing mortgage rates.

Mortgage rates will remain elevated while the economy runs hot

Mortgage rates are largely driven by the 10-year Treasury yield, not directly by Fed rate cuts.
The job market remains strong, with significant nonfarm payroll growth.
Analysts predict the Fed's rate-cutting cycle is over due to robust economic activity.
No major drop in mortgage rates is expected in 2025.

Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates

Annual inflation has increased for three consecutive months, impacting mortgage rates nearing 7%.
Higher inflation results in higher policy rates delayed cuts by the Federal Reserve.

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Mortgage rates have closed the window for buyers and sellers due to rising rates and stubborn inflation.
moreinflation

Couple allegedly paying 8.5pc mortgage interest rate instead of 4.3pc agree to mediation after taking Pepper to High Court

A married couple is suing a finance corporation over high mortgage interest rates after their loan was acquired by a different entity.
#labor-market

Powell's remarks shoot mortgage rates higher

The market is reacting negatively to Federal Reserve policies and forecasts, suggesting higher mortgage rates may persist if labor market conditions do not worsen.

Jobs week data is keeping mortgage rates above 7%

The labor market remains solid but is softening to stabilize mortgage rates.
Job growth persists in health care and government, contrasting with manufacturing declines.

Mortgage rates fall after remarks by Fed President Waller

Potential rate cuts may occur in 2025 if inflation trends continue downwards, contrasting some market expectations of rate hikes.

Jobless claims keep mortgage rates elevated

The jobless claims data indicates a resilient labor market, contributing to sustained elevated mortgage rates.

Powell's remarks shoot mortgage rates higher

The market is reacting negatively to Federal Reserve policies and forecasts, suggesting higher mortgage rates may persist if labor market conditions do not worsen.

Jobs week data is keeping mortgage rates above 7%

The labor market remains solid but is softening to stabilize mortgage rates.
Job growth persists in health care and government, contrasting with manufacturing declines.

Mortgage rates fall after remarks by Fed President Waller

Potential rate cuts may occur in 2025 if inflation trends continue downwards, contrasting some market expectations of rate hikes.

Jobless claims keep mortgage rates elevated

The jobless claims data indicates a resilient labor market, contributing to sustained elevated mortgage rates.
morelabor-market
#interest-rates

Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet

The Fed's recent interest rate cut won't significantly lower mortgage rates for homebuyers. Long-term projections indicate rates may remain high through 2025.

Mortgage rates on course to drop below 3pc, but savers warned of fall in deposit returns

Falling home-loan rates will lead to decreasing returns on savings, with pressure on savers as interest rates decline.

Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet

The Fed's recent interest rate cut won't significantly lower mortgage rates for homebuyers. Long-term projections indicate rates may remain high through 2025.

Mortgage rates on course to drop below 3pc, but savers warned of fall in deposit returns

Falling home-loan rates will lead to decreasing returns on savings, with pressure on savers as interest rates decline.
moreinterest-rates
#financial-services

Ally Financial closes mortgage origination business

Ally Financial exits the mortgage origination business to refocus on higher-return investments amid challenges in the mortgage market.

PTSB cuts mortgage rates for fourth time in move expected to be copied by rivals

Spain's Bankinter is launching a full banking service in April, coinciding with falling average mortgage rates below 4%.

Ally Financial closes mortgage origination business

Ally Financial exits the mortgage origination business to refocus on higher-return investments amid challenges in the mortgage market.

PTSB cuts mortgage rates for fourth time in move expected to be copied by rivals

Spain's Bankinter is launching a full banking service in April, coinciding with falling average mortgage rates below 4%.
morefinancial-services

Texas homeowners missed out on $2 billion in tax savings: Ownwell

Homeowners in Texas have lost billions in potential tax savings due to rising property taxes and a lack of protests against tax assessments.
#real-estate

More home sellers but fewer home sales

Significant increase in new home listings signals a potential trend for 2025, despite rising mortgage rates.

Investor purchases are sinking with the housing market at large

Home sales in 2024 lag significantly due to high costs and limited inventory.
Investor home purchases are down markedly as real estate's appeal wanes.

Your 2025 forecast for buyers and renters

Home prices are expected to rise modestly in 2025, with an increase in inventory and lower mortgage rates anticipated.

Mortgage rates rise to highest point in nearly 6 months

Mortgage rates rose to their highest since July, impacting affordability as home prices also increase.

Why falling mortgage rates can signal bad news

Falling mortgage rates often indicate economic trouble, leading to higher unemployment and decreased consumer spending, rather than boosting the housing market.

November home sales surged more than expected, boosted by lower mortgage rates

Home sales are increasing as inventory grows and buyers adapt to rising mortgage rates, with trends seen particularly in higher-end markets.

More home sellers but fewer home sales

Significant increase in new home listings signals a potential trend for 2025, despite rising mortgage rates.

Investor purchases are sinking with the housing market at large

Home sales in 2024 lag significantly due to high costs and limited inventory.
Investor home purchases are down markedly as real estate's appeal wanes.

Your 2025 forecast for buyers and renters

Home prices are expected to rise modestly in 2025, with an increase in inventory and lower mortgage rates anticipated.

Mortgage rates rise to highest point in nearly 6 months

Mortgage rates rose to their highest since July, impacting affordability as home prices also increase.

Why falling mortgage rates can signal bad news

Falling mortgage rates often indicate economic trouble, leading to higher unemployment and decreased consumer spending, rather than boosting the housing market.

November home sales surged more than expected, boosted by lower mortgage rates

Home sales are increasing as inventory grows and buyers adapt to rising mortgage rates, with trends seen particularly in higher-end markets.
morereal-estate

UK debt market sell-off threatens to push up mortgage costs

Higher mortgage costs are anticipated for nearly 700,000 homeowners as fixed-rate deals end amidst a sell-off in UK's government debt market.
#real-estate-trends

Will Homeowners Finally Sell in 2025? Here's What the Experts Say, Amid a Glimmer of Hope

The U.S. housing market is sluggish with high mortgage rates, leaving buyers and sellers facing a difficult environment into 2025.

Has spring housing demand already started?

The spring home-buying season has likely begun earlier than usual, indicated by growing pending contracts despite high mortgage rates.

What You Need to Buy a House in 2025

Buying a home requires preparation; understanding market conditions in 2025 can mitigate stress and costs.

Will Homeowners Finally Sell in 2025? Here's What the Experts Say, Amid a Glimmer of Hope

The U.S. housing market is sluggish with high mortgage rates, leaving buyers and sellers facing a difficult environment into 2025.

Has spring housing demand already started?

The spring home-buying season has likely begun earlier than usual, indicated by growing pending contracts despite high mortgage rates.

What You Need to Buy a House in 2025

Buying a home requires preparation; understanding market conditions in 2025 can mitigate stress and costs.
morereal-estate-trends

How Trump 2.0 could privatize Fannie Mae and Freddie Mac

Privatization of GSEs poses risks to the economy, particularly to mortgage rates, yet there's renewed investor interest under the potential Trump administration.

NAR: Pending homes sales rise for a fourth straight month

Homebuyer activity is rising despite high mortgage rates, with pending home sales reaching their highest levels in nearly two years.

The biggest reverse mortgage opportunities in 2025

The reverse mortgage industry is poised to pursue new opportunities in 2025 through improved collaboration and outreach.

Boston Condos For Sale: Tough Road Ahead For 2025 Boston Condos For Sale Ford Realty

Rising mortgage rates will make Boston condo ownership increasingly difficult, especially for first-time buyers, with prices expected to remain high.

The Peninsula may be more affordable now than at the start of 2024 - San Jose Spotlight

Midpeninsula home affordability has improved in late 2024, with more households able to purchase homes due to income increases and reduced mortgage rates.

FHFA prevented 43K foreclosures in Q3, but new cases rose 27%

FHFA's foreclosure prevention actions are significant, reaching over 7 million, yet foreclosure starts surged 27%, indicating a growing crisis in housing stability.

Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Mortgage rates increased last week, leading to a decline in overall mortgage demand for the first time in five weeks.
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