Category: MortgagePage 5 of 7
From Freddie Mac (7/21/2022): “The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation, and a potential…
From Freddie Mac (7/14/2022): “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices…
From Freddie Mac (7/7/2022): “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise. While…
From Freddie Mac (6/30/2022): “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an…
From Freddie Mac (6/23/2022): “Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and…
From Freddie Mac (6/16/2022): “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey…
US credit card debt and annual percentage rates are near all-time highs. Inflation hit a 40-year high (again) in May. Meanwhile, the personal savings rate in the US…
From Freddie Mac (6/9/2022): “After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing…
ARIZONA HOMEOWNERS AND HOMEBUYERS: LET ME HELP YOU ON YOUR NEXT FHA OR VA MORTGAGE! Here are the highlights of my government loan programs. Call or message me…
From Freddie Mac (6/2/2022): “Mortgage rates continued to inch downward this week but are still significantly higher than last year, affecting affordability and purchase demand. Heading into the…
From Freddie Mac (5/26/2022): “Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing. Despite the recent moderation in…
From Freddie Mac (5/19/2022): “Economic uncertainty is causing mortgage rate volatility. As a result, purchase demand is waning, and homebuilder sentiment has dropped to the lowest level in…
From Freddie Mac (5/12/2022): “Homebuyers continue to show resilience even though rising mortgage rates are causing monthly payments to increase by about one-third as compared to a year…
VETERANS: Buyers: I rebate 25% of my commission towards your closing costs when I represent you. Sellers: Get Results for Less Commission – My Sellers save THOUSANDS!!! Mortgage:…
From Freddie Mac (5/5/2022): “Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009. While housing affordability and inflationary pressures pose…
April 28, 2022 The share of mortgage applications with adjustable-rate mortgages doubled last week when compared to three months ago, the Mortgage Bankers Association reported Wednesday. ARMs, which…
ARIZONA HOMEOWNERS AND BUYERS: YOU CAN STILL PURCHASE AND REFINANCE WITH THESE LOWER RATE ALTERNATIVES Adjustable-rate mortgages (ARMs) and Interest-only 30-year fixed mortgages could be the short-term solution…
From Freddie Mac (4/28/22): “The combination of swift home price growth and the fastest mortgage rate increase in over forty years is finally affecting purchase demand. homebuyers navigating…
