New Mortgage Rates Reflect Market Volatility July 26, 2023 The past two weeks have seen a mild increase in 30-year mortgage rates, with the average rate now hovering in the lower-7% range. This rise marks the second consecutive day of rate hikes, contributing to the yo-yo pattern that has characterized mortgage rates throughout the month. […]
Analysis of the Rise in 30-Year Mortgage Rates The news of a consecutive second-day rise in 30-year mortgage rates has grabbed the attention of prospective homebuyers and homeowners looking to refinance. This recent increase has pushed the average rate to 7.34%, further exacerbating the already high rates that have been prevalent for the past two […]
## The Federal Reserve’s Decision and Housing Market Outlook **July 19, 2023** In an unexpected move, the Federal Reserve announced during its June 14 meeting that it would not be raising interest rates. This decision has left housing analysts divided on its implications for the housing market and the overall economy. Some argue that this […]
