by National Association of REALTORS | Feb 8, 2024 | Finance, NAR-Instant Reaction
For the eighth week in a row, there has been overall stability for the 30-year fixed mortgage interest rate. Today, mortgage interest rates averaged 6.64% for the week. At the beginning of the week, the 10-year treasury moved higher, now at 4.1%, providing conjecture...
by National Association of REALTORS | Feb 1, 2024 | Finance, NAR-Instant Reaction
Mortgage interest rates ticked down slightly this week to 6.63% from 6.69% the previous week. This change does not make a measurable difference in the monthly mortgage payment for a buyer—just $13 for a $400,000 home with 20% down. But what is clear for buyers, and...
by National Association of REALTORS | Jan 25, 2024 | Finance, NAR-Instant Reaction
This week, there is a lot of good news in the housing sector. For the sixth consecutive week, mortgage interest rates stayed in the range of 6.6% and are now at 6.69%. Home buyers are responding to the lowering of mortgage interest rates, and foot traffic (according...
by National Association of REALTORS | Jan 18, 2024 | Finance, NAR-Instant Reaction
Home buyers should be pleased with the continuing drop in mortgage interest rates this week. If they can find a home, they can lock in a mortgage interest rate of 6.60% this week, down from 6.66% last week. This is the lowest mortgage interest rate in eight months...
by National Association of REALTORS | Jan 15, 2024 | Design, Sellers
Homes today fulfill a lot more purposes, providing comfort, wellness and an eco-friendly and personalized space—all in a technological way. Home layouts are being reconfigured, too. Dining rooms have become nearly extinct, living spaces are being designed for...