Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. The article Weekly Mortgage Rates Are Up, but Prices Are the Real Villain originally appeared on NerdWallet.

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BING NEWS:
  • Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
    The rate for Federal Housing Administration loans fell below 7% for the first time in three weeks — a welcome sign for first-time buyers, who tend to use FHA loans.
    05/8/2024 - 7:29 am | View Link
  • The Fed just dashed hopes for lower mortgage rates. What homebuyers need to know.
    If you expected lower mortgage rates to make buying a home slightly cheaper this spring, consider your hopes dashed, experts say. The Federal Reserve put a hold on interest rate cuts last ...
    05/8/2024 - 5:45 am | View Link
  • Mortgage Rates Aren’t the Only Hurdle for Homebuyers. There Aren’t Enough Houses
    Depending on who you ask, the biggest obstacle for homebuyers is either mortgage rates, home prices or inventory. Or often all three. I’ve been writing about how steep mortgage rates negatively impact ...
    05/7/2024 - 10:41 am | View Link
  • What will happen to home prices if mortgage rates stay high? Experts weigh in
    "Higher rates and lower inventory levels suggest home prices will hold steady with minimal movement in either direction," says Saburi. "Until we see a big drop in rates — 150 basis points or more — or ...
    05/6/2024 - 2:47 am | View Link
  • May Mortgage Rates to Stay Above 7% as Hope Dims for Fed Cuts
    May mortgage rate forecastMortgage rates will probably remain above 7% in May as inflation resists the Federal Reserve's efforts to bring it under control. It left rates unchanged at the ...
    05/1/2024 - 10:52 am | View Link
  • More

 

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