How To Approach Rising Mortgage Rates as a Buyer
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates w
The Future of Home Price Appreciation and What It Means for You
Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. Many consumers are wondering what will happen with home values over the next few years. However, experts say the market is totally different today. Odeta Kushi, Deputy Chief
What’s Happening with Mortgage Rates, and Where Will They Go from Here?
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.75%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throu
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