Buying or Selling a Home? Welcome to the Year of Disappointment
Posted inBanking and Financial Institutions Coronavirus (2019-nCoV) Federal Home Loan Mortgage Corp (Freddie Mac) Interest Rates Miller Samuel Inc Miller, Jonathan J Mortgages National Assn of Realtors Real Estate and Housing (Residential) Recession and Depression Renting and Leasing (Real Estate) United States Economy

Buying or Selling a Home? Welcome to the Year of Disappointment

After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
U.S. Mortgage Rates Soar Past 7%
Posted inBanking and Financial Institutions Credit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Federal Reserve System Inflation (Economics) Interest Rates Mortgage Bankers Assn of America Mortgages National Assn of Realtors Real Estate and Housing (Residential) United States Economy

U.S. Mortgage Rates Soar Past 7%

The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.