Category: MortgagePage 1 of 4
The Phoenix metro area had the second highest rate of inflation in the country in December, with prices about 9.5% higher than they were in December 2021, according to the…
From Freddie Mac (2/2/2023): “Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent….
From Freddie Mac (1/26/2023): “Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market….
From Freddie Mac (1/19/2023): “As inflation continues to moderate, mortgage rates declined again this week. Rates are at their lowest level since September of last year, boosting both…
From Freddie Mac (1/12/2023): “While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes…
From Freddie Mac (01/05/2022): “Mortgage application activity sunk to a quarter-century low this week as high mortgage rates continue to weaken the housing market. While mortgage market activity…
From Freddie Mac (12/29/2022): “The housing market remains in the doldrums with declining sales, inventory and prices. The declines in sales and deceleration in home prices began swiftly…
From Freddie Mac (12/8/2022): “Mortgage rates decreased for the fourth consecutive week, due to increasing concerns over lackluster economic growth. Over the last four weeks, mortgage rates have…
From Freddie Mac (12/1/2022): “Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes….
From Freddie Mac (11/24/2022): “Mortgage rates continued to tick down heading into the Thanksgiving holiday. In recent weeks, rates have hit above seven percent only to drop by…
From Freddie Mac (11/10/2022): “As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed seven percent. The housing market is the most interest-rate sensitive…
From Freddie Mac (11/03/2022): “Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure buyers navigating an unpredictable…
From Freddie Mac (10/27/2022): “The 30-year fixed-rate mortgage broke seven percent for the first time since April 2002, leading to greater stagnation in the housing market. As inflation…
Arizona Homeowners: Are you prepared for the coming recession? The time to consolidate debt is now.. I don’t mean to be a Debbie Downer on a Friday but…
From Freddie Mac (10/13/2022): “Rates resumed their record-setting climb this week, with the 30-year fixed-rate mortgage reaching its highest level since April of 2002. We continue to see…
From Freddie Mac (10/6/2022): “Mortgage rates decreased slightly this week due to ongoing economic uncertainty. However, rates remain quite high compared to just one year ago, meaning housing…
From Freddie Mac: “The housing market continues to face headwinds as mortgage rates increase again this week, following the 10-year Treasury yield’s jump to its highest level since…
From Freddie Mac: “Mortgage Rates Exceed Six Percent for the First Time Since 2008 September 15, 2022 Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week,…
