The Federal Reserve’s move to raise its benchmark rate by three-quarters of a percentage point—the largest increase since 1994—could put more upward pressure on near-6% mortgage rates and sideline more home buyers, says NAR Chief Economist Lawrence Yun. Continue reading….
Mortgage and refinance rates today, June 15, 2022
16
Jun
Today’s mortgage and refinance rates Average mortgage rates rose again yesterday, though less sharply than on the previous two working days. So some of the most popular ones remain above […] Continue reading
Fed makes biggest rate hike in 28 years to fight 2022 inflation
16
Jun
The Federal Reserve hiked the fed funds rate by 75 basis points at its June meeting to fight inflation. Will mortgage rates spike? Continue reading
What the Fed's Aggressive Rate Hike Means for Housing
16
Jun
The effects of the increase, a move up of three-quarters of a percentage point, sets an expectation of several more rounds of rate hikes in the coming months. Continue reading….
Mortgage and refinance rates today, June 14, 2022
15
Jun
Today’s mortgage and refinance rates Average mortgage rates soared again yesterday. Indeed, some had an even worse day than last Friday. And the average for a conventional 30-year, fixed-rate mortgage […] Continue reading
Expert advice: Three common home buyer fears in 2022 (Podcast)
15
Jun
It’s normal to be nervous about buying a home, especially in the current market. Here’s expert advice on three common home buyer fears. Continue reading
The perks and pitfalls of adjustable-rate mortgages in 2022
14
Jun
With interest rates shooting up, adjustable-rate mortgages can offer cheaper financing. Find out if an ARM is right for you. Continue reading
Mortgage and refinance rates today, June 13, 2022
14
Jun
Today’s mortgage and refinance rates Average mortgage rates soared last Friday, setting new 13-year highs. It really was a rare and dramatically terrible day. And those rates are now perilously […] Continue reading
Results of National Call for REALTOR® Volunteerism Are Huge
14
Jun
At least half of the nation’s REALTOR® associations planned projects, from serving homeless shelters to community cleanup efforts, during the 2022 REALTOR® Volunteer Days. Continue reading….
Mortgage and refinance rates today, June 11, and rate forecast for next week
12
Jun
Today’s mortgage and refinance rates Average mortgage rates yesterday climbed exceptionally quickly. And what had been a modestly bad week for those rates was turned into a truly terrible one. […] Continue reading
