Why Mortgage Rates Just Hit a 9-Month High—What It Means for Buyers and Sellers

Why Mortgage Rates Just Hit a 9-Month High—What It Means for Buyers and Sellers

As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac... Read more »
Existing home sales hit 9-month high with inventory at 1.43M units

Existing home sales hit 9-month high with inventory at 1.43M units

From NAR: “Existing-home sales increased for the third straight month due to lower mortgage rates this autumn,” said NAR Chief Economist Lawrence Yun. “However, inventory growth is beginning to stall.” My central theme... Read more »