In this article, we’ll explore the latest predictions for mortgage rates over the next 90 days and what it means for those looking to buy or refinance a home. For prospective homebuyers... Read more »
![Mortgage Rate Predictions Next Week & Month [2023]](https://www.noradarealestate.com/wp-content/uploads/2023/10/mortgage-rate-predictions-next-week.jpeg "Mortgage Rate Predictions Next Week & Month [2023]")
Mortgage rates have a significant impact on the real estate market, affecting both buyers and sellers. Even a small shift in interest rates can significantly affect the affordability of homes, monthly payments,... Read more »
The housing market in 2023 is facing a perfect storm of challenges that is sending shockwaves throughout the industry. Housing prices have been soaring, supply is painfully tight, and to add to... Read more »
Weekly housing inventory data Even though I haven’t been able to hit my target level of 11,000 -17,000 weekly inventory growth levels in 2023 with higher rates, it is clear that higher... Read more »
Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest... Read more »
While existing homebuyers have been battling high mortgage rates for months — which are now at 8% — the builders are wooing buyers with lower rates and incentives. Today, the new home... Read more »
With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior, according to weekly mortgage application data from the Mortgage Bankers... Read more »
While the mortgage delinquency rate remains low compared to pre-pandemic levels, the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. The national delinquency rate climbed... Read more »
Weekly housing inventory data One of my concerns with higher rates has been whether new listings data would take another leg lower, which wouldn’t be a good thing for the housing market.... Read more »
Optimal Blue — a provider of secondary market solutions and actionable data services — plans to solidify its position as an end-to-end solution from pricing a loan to hedging, trading and selling... Read more »