Mortgage interest rates continue their now 17-week stay in the mid-6% range, with the current 30-year mortgage interest rate at 6.82%.
Mortgage interest rates have continued in the mid-6% range for 16 weeks, with the 30-year fixed mortgage interest rate down slightly to 6.79% from 6.87% the week prior.
We're seeing more and more women becoming homeowners, with single women making a notable impact in the housing market.
Mortgage interest rates continued their 14-week stay within the mid-6% range this week, falling from 6.88% to 6.74%
In 2022, affordability issues and the ability to work remotely drove 8.2 million Americans to move to different states. Let's take a look at these migration flows.
At the national level, housing affordability increased in January 2024 compared to the previous month, according to NAR’s Housing Affordability Index.
In February, CPI rose by 3.2%. The important “core inflation” component rose by 3.75%, its lowest reading since April 2021.
The National Association of REALTORS® computed the median age of home buyers within each region, state, and among the 200 largest metro areas.
The latest jobs figures displayed a mixed picture. Another solid 275,000 net new payroll jobs were added in February, but the unemployment rate went up to 3.9%.
Mortgage interest rates ticked up again this week to 6.94%; for a $400,000 home, with a 20% down payment, the mortgage payment would be $2,116.
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