Mortgage Interest Rates

June 24, 2024
Cincinnati MLS Chart of sales for May 2024

Are Mortgage Rates Still To High?

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
infographic on interest rates

Mortgage Interest Rates

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
White on black background mortgage rate chart

Mortgage Rates Continue to Rise

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 – […]
January 15, 2021
graph of mortgage interest rates

Weekly Real Estate Numbers for Greater Cincinnati

Weekly stats for real estate activity in Greater Cincinnati. The numbers for the past week:   Previous week:   Same news -different weeks -new listings with multiple offers.  The number of showings up.   Search And while the buyers struggle to […]
June 4, 2018

Will Rising Mortgage Rates Impact Home Prices?

Keeping Current Matters update: Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this […]