The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun says, “In the second half of 2024, look for moderately lower mortgage rates, higher home sales, and stabilizing home prices.”
What Could the 2024 Real Estate Market Look Like?
Let’s break out our crystal ball and see where the real estate market is headed over the coming year.
Expect Some Relief with Rates
Nobody is predicting the eye-poppingly low-interest rates of
Predictions for Refinancing: When Will Rates Drop?
It’s a question that’s on the minds of many would-be refinancers. Here’s what the experts are saying:
Fannie Mae sees a slight uptick in 2023, with the average 30-year fixed rate
Mortgage Rate Update: The Start of Summer 2023
There’s one thing homebuyers and home sellers dislike equally: unpredictability. Which makes the current state of interest rates welcome news for all. Let’s look at recent mortgage rates and where
Mortgage Originators are Optimistic for the First Half of 2023
Mortgage experts across America feel more optimistic in 2023 than they have in the last year or so. The latest Scotsman Guide Sentiment Survey found that over half of the
December Mortgage Rates Dropped to 3-Month Lows
As we start the new year, exciting news in the mortgage world is upon us – rates have dropped about a full percentage point over the past few months! True,
Buying a Greater Dallas Home in 2022? Here’s What to Expect
The predictions for the housing market in 2022 in Greater Dallas look a lot like they did in 2021, with a few twists. There will still be more buyers than
Forbearance numbers continue to show improvement
The rate of forbearances (delaying the repayment of mortgage loans) are dropping, according to recent data released by Black Knight and Housing Wire.
HousingWire’s Kathleen Howley cites Black Knight in reporting
Numbers for mortgage forbearance applications drop
With the exception of the stock market, sometimes it’s good news when the numbers go down. According to the Mortgage Bankers Association (MBA), the number of mortgages in forbearance fell
Good news: fewer homeowners are seeking mortgage forbearance
Forbearances, the vehicle by which many of the country’s unemployed have been able to delay their mortgage payments during the pandemic, are now dropping big time. According to Black Knight