Market Jitters Drive Mortgage Rates Up, Sending Some Would-Be Homebuyers to the Sidelines
Higher housing costs, along with economic uncertainty that comes with the Iran war, are causing some house hunters to think twice. The weekly average mortgage
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Higher housing costs, along with economic uncertainty that comes with the Iran war, are causing some house hunters to think twice. The weekly average mortgage
House hunters have the upper hand, allowing them to abandon deals over price, repairs or second thoughts. Cancellations are most common in Tampa and San
Just 30% of Americans believe advances in AI will help boost the economy and help more people afford homes, according to a recent Redfin survey.
The average rate for an ARM so far this month is 5.51%, compared with a 6.19% average for a 30-year fixed rate mortgage. The typical
A Redfin agent in Austin said the upside of higher mortgage rates is that they decrease competition, allowing house hunters to negotiate prices down and
The share of homeowners who are “in the money” for a refinance has hit its highest level in over four years as mortgage rates dip
Higher housing costs, along with economic uncertainty that comes with the Iran war, are causing some house hunters to think twice. The weekly average mortgage
House hunters have the upper hand, allowing them to abandon deals over price, repairs or second thoughts. Cancellations are most common in Tampa and San
Just 30% of Americans believe advances in AI will help boost the economy and help more people afford homes, according to a recent Redfin survey.
The average rate for an ARM so far this month is 5.51%, compared with a 6.19% average for a 30-year fixed rate mortgage. The typical
A Redfin agent in Austin said the upside of higher mortgage rates is that they decrease competition, allowing house hunters to negotiate prices down and
The share of homeowners who are “in the money” for a refinance has hit its highest level in over four years as mortgage rates dip