Housing affordability is slowly improving, with 12 markets seeing positive changes last month. However, the weight of higher home prices and elevated mortgage rates still dampens buyer sentiment. Which markets saw improvement, and is this a sign of better times ahead? Check out this month's update: https://firstam.us/3T5fIv9 #FirstAmEcon #HousingMarket #MortgageRates
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?? In January 2024, the Consumer Price Index rose by 3.1% year over year, marking a significant decrease from the previous high. This moderation in inflation rates may have implications for various sectors of the economy, including housing and mortgage markets. As inflationary pressures ease, there may be opportunities for favorable mortgage rates and more stable housing prices. Contact us today to explore how these economic trends could impact your homeownership journey! ?? https://thinkmortgage.sg/ #ThinkMortgage #MortgageInfos #MortgageTips #SingaporeHomes #MortgageStatistics
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Mortgage rates hit a three-month low! The 30-year fixed-rate mortgage averaged 6.87% in the week ending June 20, down from last week’s 6.95%. Freddie Mac’s chief economist attributes this drop to cooling inflation and market expectations of a future Federal Reserve rate cut.? Homebuilding is still impacted by these rates. Overall, new construction fell 5.5% in May, with single-family homes taking a 5.2% hit.? #RealEstateNews #MarketUpdate #Homebuying #MortgageRates
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(NMLS# 272264) Mortgage Banker at Cherry Creek Mortgage Company, a division of Guild Mortgage (Company NMLS# 3274)
?? Curious about the future of mortgage rates and inflation? The secret lies in the money supply. As the money supply stabilizes, we anticipate a calming effect on inflation and a welcome decrease in mortgage rates. This shift promises to enhance housing affordability without diminishing home values. Are you prepared for a potential buyer's surge? ?? #Inflation #MortgageTips #HomebuyersGuide #RealEstateMarket
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During the pandemic, home prices soared due to high demand coupled with low inventory and mortgage rates. But that rapid appreciation couldn’t last forever. Now, data confirms prices are still rising, just more moderately. This healthier pace is actually a good thing. It means home price growth is normalizing. DM me if you want more details on prices in our area. Sladja Teague ?? +1 (904) 710-9412 ?? https://lnkd.in/e3iPKq5j ? [email protected] #homeprices #housingmarketupdate #keepingcurrentmatters
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2024 Housing Forecast Shows Stability and Transformation - Realtor.com ???? 2024 Housing Forecast: A mix of stability and change. Falling mortgage rates enhance affordability, stabilizing home sales at lower levels. Expect a slight adjustment in home prices amid dwindling inventory. ???? https://lnkd.in/g3kxBKcz #RealEstate2024 #HousingOutlook #EconomicForecast
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Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward... #realestate #homeownership #homebuying
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Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward... #realestate #homeownership #homebuying
Some Experts Say Mortgage Rates May Fall Below 6% Later This Year
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Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward... #realestate #homeownership #homebuying
Some Experts Say Mortgage Rates May Fall Below 6% Later This Year
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Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward... #realestate #homeownership #homebuying
Some Experts Say Mortgage Rates May Fall Below 6% Later This Year
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During the pandemic, home prices soared due to high demand coupled with low inventory and mortgage rates. But that rapid appreciation couldn’t last forever. Now, data confirms prices are still rising, just more moderately. This healthier pace is actually a good thing. It means home price growth is normalizing. DM me if you want more details on prices in our area. #homeprices #housingmarketupdate Call/text 985-272-4929 and Let's Talk Real Estate!!
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