Rising inventory is the most positive housing market story in 2024 December 28, 2024 by bp56691 The most positive development in the housing market over 2024 has been the increase in active housing inventory,
Housing market data positive despite Powell’s Grinch act December 21, 2024 by bp56691 Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
All those 2025 mortgage rates forecasts are now wrong December 19, 2024 by bp56691 It’s late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong.
Powell’s remarks shoot mortgage rates higher December 18, 2024 by bp56691 Remarks by Federal Reserve Chairman Powell during the Q&A presser sent the 10-year yield and mortgage rates higher.
Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble December 17, 2024 by bp56691 Mortgage rates haven’t moved in tandem with recent Fed rate cuts. Don’t expect that pattern to change much after policymakers meet Wednesday.
Housing demand resilient even with higher mortgage rates December 14, 2024 by bp56691 Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Cincinnati’s housing market in a word? Unpredictable December 10, 2024 by bp56691 Turbulent mortgage rates have trickled down to markets like Cincinnati, where agents say they don’t know what to expect from sale to sale.
Housing demand still showing double-digit growth December 7, 2024 by bp56691 Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Is now a good time to buy a house? December 7, 2024 by bp56691 Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy a house?
Mortgage rates fall on jobs week data December 6, 2024 by bp56691 After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.