Mortgage Interest Rates
July 24, 2024
According to Freddie Mac the 30-year fixed-rate mortgage fell to its lowest level since mid-March. Dropping 12 basis points from last week. The Federal Reserve continues to nod toward an interest rate reduction in September. Buyers are celebrating- but they […]
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 – […]
January 15, 2021
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
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 […]