Mortgage Rates Hold Steady, Awaiting More Definitive Signals of Economic Health
After a topsy-turvy start to the year, mortgage rates have stabilized of late. Future up or down movements will be determined by the path of the economy.
News
Zillow Market Pulse: February 5, 2021
January jobs figures underwhelmed, but the service sector showed signs of life. Mortgage applications rose, despite rising interest rates.
Mortgage Rates Up, Continuing Stretch of Modest Weekly Oscillations
Mortgage rates trended higher this week as economic data and pandemic-related developments paint a conflicting picture of the economy’s path forward.
How Monthly Mortgage Payments Change Depending on Appreciation & Interest Rates
Prospective home buyers should know how much monthly mortgage payments may change based on different home value appreciation and interest rate scenarios.
Zillow Market Pulse: January 29, 2021
Economic output fell in 2020 by more than it has in any calendar year since the mid-1940s. But the housing market remains strong.
December New Home Sales: A Banner Year in the Books
Overall, an estimated 811,000 new single-family homes were sold in 2020, up almost 20% from 2019.
Mortgage Rates Fall to Pandemic-Driven New Lows
After spiking in early January, mortgage rates have spent the last couple weeks trending consistently lower as more pandemics news injects fresh uncertainty into markets.
November Case-Shiller Results & December Forecast: Gathering Speed
Growth in home prices continued to climb in November, gathering speed before the end of the year and setting the stage for a full out sprint in 2021.
Zillow Market Pulse: January 22, 2021
December existing home sales, home value growth and home construction activity all exceeded expectations and capped off an extraordinary year in housing.
Mortgage Rates Fall as Pandemic Uncertainty Continues
After months of barely budging, rates rose significantly in early January at their strongest pace since the spring but that upward momentum has since dissipated.
