Mortgage Rates Bouncing Back a Bit After Tuesday's Big Drop

The story of the week for mortgage rates continues to be the substantial drop seen on Tuesday in response to the Consumer Price Index (CPI). But that story is a bit less epic and exciting after today's Retail Sales data. Retail Sales was the only other economic report this week that was remotely as

Older Condo Woes Make it Harder to Buy/Sell Units

Buyers in some older condos can’t get traditional financing because the associations have made insurance trade-offs as they deal with higher expenses.

NAR Issues 2024 Real Estate Forecast

Economist Lawrence Yun predicts that home sales will rise by 15% next year, and by spring, mortgage rates will hover in the 6% to 7% range.

The 1% Rate Difference on Monthly Mortgage Payments

Florida Realtors economist: Understanding the financial impact of current mortgage rates can help Realtors relate to their clients’ all-important number: their monthly payment.