The Fed will need to rate interest rates closer to 6% to meaningfully ease inflationary pressures, said legendary property investor Sam Zell. A “shocking event” was mortgage rates more than…
Tag: rates
Despite Recent Dip in Mortgage Rates, Uncertainty Stalls the U.S. Real Estate Market
Fluctuations in mortgage rates—combined with the ups and downs of the stock market—are creating uncertainty for both buyers and sellers, thus stalling home sales in the U.S., according to Realtor.com. …
Mortgage Rates Hit 7%, Housing Prices Expected to Fall
Few analysts, however, expect the market to crash as it did after the 2008 subprime mortgage crisis, in part because of stricter underwriting practices and a massive swell of home-price…