High interest rates aren't just pinching homebuyers.
Cleveland Business Journal’s Post
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it's been a brutal year for homebuyers. here's what experts predict for 2024, from mortgage rates to prices. https://lnkd.in/gXzaxTSC #homebuyers #homebuyingtips #homebuying
It's been a brutal year for homebuyers. Here's what experts predict for 2024, from mortgage rates to prices.
cbsnews.com
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Still on the sidelines or are you jumping into the market?? Want to have a deeper conversation, DM me. "...Data shows that homebuyers are not responding to lowering rates yet with purchase application demand remaining roughly 5% below where it was in the spring, Freddie Mac's chief economist said. “'Sometimes as rates decline, demand weakens, and the apparent paradox is driven by buyers making sure rates don’t decline further before they decide to purchase,' Chief Economist Sam Khater said in a statement..." #realestate #realestatefinance #cre #homebuyers #investmentproperties #mortgage Bank of Canton
Key U.S. mortgage rate drops to lowest since March, Freddie Mac says
reuters.com
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3 options for homebuyers navigating elevated interest rates in 2024 https://ift.tt/BJKXQDV As spring blossoms and the real estate market heats up, prospective homebuyers may need assistance navigating the current housing landscape, which presents unique challenges amidst relatively elevated interest rates and limited housing inventory. Here's a guide to new opportunities in the mortgage market as we embrace the spring of 2024. Interest rates have been a focal point for many in the housing market, and as we step into spring 2024, they remain somewhat favorable by historical standards.… via Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/EskDH4f May 30, 2024 at 11:00PM
3 options for homebuyers navigating elevated interest rates in 2024 https://ift.tt/BJKXQDV As spring blossoms and the real estate market heats up, prospective homebuyers may need assistance navigating the current housing landscape, which presents unique challenges amidst relatively elevated interest rates and limited housing inventory. Here's a guide to new opportunities in the mortgage m...
bizjournals.com
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Are you or anyone you know considering a #home purchase? If so, considering the lending rates is one if your first steps along the process. #mortgagerates #homebuyers #RealEstate #MarylandREALTOR®
Mortgage Rates Hold Steady
nationalmortgageprofessional.com
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🏡 Exciting News for Homebuyers! 🌴 As we approach the spring homebuying season, there's some refreshing news on the horizon. The average long-term U.S. mortgage rate has eased to 6.63% this week, down from 6.69% last week. This marks the lowest level since May! 📉 What does this mean for you? Lower borrowing costs: 30-year mortgages are more affordable. Refinancing potential: 15-year fixed-rate mortgages have also seen a decrease. Greater purchasing power: With rates expected to continue declining, your dream home might be within reach sooner than you think! 💡 Insight from Freddie Mac’s Chief Economist, Sam Khater: "With continued deceleration in inflation, we expect rates to decline further." This could lead to a much-needed boost in the housing market, especially as we head into the busiest period for home sales. 🤔 Considering a home purchase or refinance in Palm Beach County? Now might be the perfect time to explore your options. As a dedicated real estate professional with BluEdge Professional Real Estate, I'm here to guide you through every step of the process. 🔍 Stay informed and ready to seize the opportunity. For more insights and personalized advice, feel free to reach out. #palmbeachrealestate #mortgagerates #homebuying #realestatenews #springhomebuying #FloridaHomes #floridarealestate #southfloridarealestate
Average Long-Term Mortgage Rate Eases to 6.63%
floridarealtors.org
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Good news for potential homebuyers! The average interest rate on a 30-year fixed-rate mortgage in the U.S. has dropped to its lowest level since March, now at 6.77%. Despite lower rates, buyer demand remains modest. Read more about how this could impact the housing market: https://lnkd.in/e5_XSKMe
Key U.S. mortgage rate drops to lowest since March, Freddie Mac says
reuters.com
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Yes, home prices are at record levels and inflation has remained consistent. As a result, many homeowners and potential buyers are concerned that there will be another housing meltdown. However, the evidence suggests that today is not a rplay of 2008. #realestate #homebuyers #interestrates #homeprices #forclosures
Why a Foreclosure Wave Isn’t on the Horizon
keepingcurrentmatters.com
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Here is a relatively short read that explains how interest rates effect the real estate market. For first time homebuyers, understanding how rates effect your buying power and monthly payment is going to be a significant factor. For sellers, higher rates may mean your home will sit on the market longer than many have gotten used to in the past couple of years. Have specific questions? Reach out to me and let's talk! #listingsbylilly #interestrates #realestatemarket #homebuyers #homesellers
Interest Rates and the Real Estate Market
floridarealtors.org
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In a mixed landscape for homebuyers, mortgage rates have shown a slight decrease, offering some relief but not yet enticing significant market movement. As buyers await potential rate cuts from the Federal Reserve, the housing market's dynamics and affordability challenges continue to shape their decisions. Read more below. https://lnkd.in/dkQ2WASi
Mortgage Rates Show Modest Decline, Homebuyers Await Further Drop
https://elite100agents.com
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