Rates Rise Nominally, House Price Growth Slows After dropping for three consecutive weeks, Mortgage rates increased 9 basis points last week according to the Freddie Mac Primary Mortgage Market Survey released May 30th. More hawkish commentary about inflation and tepid demand for longer-dated Treasury auctions caused market yields to rise across the board. This reality, …
Rates Fall for Third Week, Fed is Still Concerned About Inflation Mortgage rates dropped for the third consecutive week, decreasing another 8 basis points last week and a total of 28 basis points over the past three weeks according to the Freddie Mac Primary Mortgage Market Survey released May 23rd. Spring homebuyers received an unexpected …
Rates Head Down for a Second Week, Inflation Eases Slightly Mortgage rates decreased for the second consecutive week, another seven basis points last week and a total of twenty basis points over the past two weeks, according to the Freddie Mac Primary Mortgage Market Survey released May 16th. Given the news that inflation eased slightly, …
Rates Tick Down on Weaker Than Expected Jobs Report After a five week climb, mortgage rates ticked down thirteen basis points from the prior week following a weaker than expected jobs report, according to the Freddie Mac Primary Mortgage Market Survey released May 9th. An environment where rates continue to hover above seven percent impacts …
Rates are Still Up, But Borrowers are Adapting. Mortgage rates increased another five basis points from the prior week according to the Freddie Mac Primary Mortgage Market Survey released May 2nd. This is the fifth consecutive week of increases as we enter the heart of Spring Homebuying Season. On average, more than one-third of home …
Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh
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