Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly ...
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
In mid-2023, there was a housing shortage of 4 million homes in the U.S., according to the National Association of Realtors (NAR ... announcement from the federal reserve the other day, they ...
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
the National Association of Realtors predicted on Thursday. The NAR also projected 4.5 million existing home sales in 2025 and forecast house prices increasing by about 2%. It estimated a $410,700 ...
The housing market is on the brink of a dramatic turnaround after back-to-back down years, according to the National Association ... firm projects that the Federal Reserve will cut interest ...
Mortgage rates have been rising on expectations that the Federal ... Reserve will keep interest rates higher this year to fight inflation, per Lawrence Yun, chief economist at the National ...