Freddie Mac
September 26, 2024
Mortgage interest rates are in the news again! Pundits are predicting more home sales as buyers have more leverage to purchase. That might be true in some areas but in most cases home inventory remains low. What is happening is […]
June 24, 2024
Are mortgage rates too high? On average mortgage interest rates decreased slightly last week compared to the prior week. Rates are up from the same time the previous year hitting just below 7%. Still hovering above what most buyers want. […]
February 22, 2024
Old news mortgage interest rates go up and down all the time. Freddie Mac Primary Mortgage Market Survey® The Fed has been adjusting rates -mostly up to reduce the rate of inflation. Buyers sitting on the fence line waiting until […]
August 23, 2023
Mortgage Rates Continue to Rise! Freddie Mac announced the 30-year fixed-rate mortgage averaged 7.09% as of August 17, 2023. The week before mortgage rates averaged 6.96%. The current level is the highest in more than 20 years. Good news – […]
February 17, 2023
The media spin on interest rates predicts all sorts of things happening in the markets. Activity in the Greater Cincinnati real estate market is fairly predictable. Rates rise, prices normalize and the housing market is more balanced. Sure they went […]
June 6, 2022
According to Freddie Mac: Mortgage rates continued to inch downward this week but are still significantly higher than last year. The rising rates are affecting both affordability and purchase demand. Heading into the summer, the Fed sees the potential homebuyer […]
May 9, 2022
2022 Housing Market Forecast from Keeping Current Matters Search Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are […]
October 13, 2021
What’s Causing Today’s Competitive Real Estate Market? Search Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes […]
August 19, 2021
Sellers Are in a Sweet Spot Search Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when […]