Mortgage Rates Fall After Federal Reserve Calms Concerns
Mortgage rates fell slightly over the last seven days as comments from the Federal Reserve calmed concerns that the central bank would be tightening monetary policy.
Mortgage Rates Fall After Federal Reserve Calms Concerns
Mortgage rates fell slightly over the last seven days as comments from the Federal Reserve calmed concerns that the central bank would be tightening monetary policy.
June 2021 Case-Shiller Results & Forecast: Hot Growth Summer
The slow rise in inventory that marked the beginning of summer wasn't enough to cool the sizzling market, with the already rapidly rising Case-Shiller indices hitting the gas accelerating into the middle of the year instead of tapping the brakes.
Zillow Market Pulse: August 27, 2021
Home sales figures provided the housing market two solid wins in July and indicate that buyers are responding to for-sale inventory increases.
Mortgage Rates Rise on Potential Monetary Policy Shifts
Mortgage rates rose over the last seven days as markets geared up for potential announcements from the Federal Reserve later this week.
July New Home Sales: Build it and They will Come
New home sales crept up in July from June, the first monthly since March and proof that demand for new homes can overcome supply-side difficulties.
July Existing Home Sales: Signs of Balance
July existing home sales were up 2% from June and 1.5% from July 2020, to 5.99 million units (SAAR), according to the National Association of Realtors.
Mortgage Rates Stay Flat as Investors Wait on Fed
Mortgage rates were flat this week as investors stood pat, waiting for more signs dictating the economy’s path forward and potential key decisions made by the Federal Reserve.
July Housing Starts: Backlogged
Limited access to key building supplies has upped prices for materials and translated to higher list prices for would-be homebuyers.
Zillow Market Pulse: August 13, 2021
Consumer sentiment is plunging amid concerns and frustrations about the Delta variant, and mortgage rates are likely to reverse because of the sentiment report.
Mortgage Rates Rise on Economic Reports
While the uncertainty presented by the Delta variant and other factors continues to limit some upward movement to mortgage rates, the increasing likelihood of a shift in monetary policy later this year has jostled rates loose from their half-year lows.