Mortgage Rates – Page 21 – Cantilever Real Estate

Mortgage demand drops 22% during holidays as rates move higher

January 2, 2025 by bp56691

Rising mortgage rates suppressed applications in the MBA’s final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.

Housing inventory is up, but so are unsold listings. Are renters to blame?

December 30, 2024 by bp56691

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be, according to Redfin data.

The biggest mortgage rate stories of 2024

December 30, 2024 by bp56691

2024 was a disappointing year for those looking forward to a Fed rate cut cycle and what that could do to mortgage rates. Here’s a recap!

Pending home sales rise again as buyers capitalize on more inventory

December 30, 2024 by bp56691

The National Association of Realtors reported that pending home sales jumped 2.2% month over month and 6.9% year over year in November.

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.