Between an uptick in home listings and lower mortgage rates, there could be more homebuying activity this spring.
Mortgage rates fell to low levels during the pandemic, dropping below 3% as real estate prices soared. But subsequent issues with inflation ultimately caused the Federal Reserve to raise its benchmark ...
Mortgage rates are stable near 6.2% after the Fed’s decision, with spring housing activity hinging on jobs and inflation trends.
Following its March meeting, the Federal Reserve did not change the federal funds rate, keeping the target rate at a range of 5.25-5.50%. A few months ago, many experts predicted that the Fed would ...
Although mortgage rates haven’t come down significantly as many Americans have wished for, lenders are reporting increased demand for home purchase loans and don’t seem overly concerned by economic ...
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