For Week Ending September 28, 2024 The average rate on a 30-year fixed mortgage dropped to 6.08% the week ending September 26, 2024, the lowest level in two years, according to Freddie Mac. Rates have fallen one and a half … Continue reading
Mortgage Rates Tick Up
October 3, 2024 The decline in mortgage rates has stalled due to a mix of escalating geopolitical tensions and a rebound in short-term rates that indicate the market’s enthusiasm on rate cuts was premature. Zooming out to the bigger picture, … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending September 21, 2024 Nationally, inventory was up 35.8% year-over-year in August, according to Realtor.com’s latest Monthly Housing Market Trends Report, with active listings now at the highest level since May 2020. As the number of homes for … Continue reading
August Monthly Skinny Video
The 30-Year Fixed-Rate Mortgage Reaches Lowest Level in Two Years
September 26, 2024 Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years. Given the downward trajectory of rates, refinance activity continues to pick up, creating opportunities for many homeowners to … Continue reading
Existing Home Sales
New Listings and Pending Sales
Inventory
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