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Although current mortgage rates—which hit 8% this week—mimic the early 2000s, the overall housing market is actually more reminiscent of the 1980s, according to a new report by the chief ...
The housing market in Q4 2024 will see high prices but lower rates. ... point and more Fed interest-rate cuts on deck, many market-watchers are asking, what do the final three months of 2024 have ...
High interest rates were just one of the many hurdles homebuyers faced this year, but the Federal Reserve slashed interest rates three times this year, bringing the range to 4.25% to 4.5%.
There will be 4.1 months' worth of homes for sale on the market in 2025, they reckon, explaining that "anything under 4 months is typically considered a seller’s market, while a supply of 4 to 6 ...
The current 6.2% mortgage rate average is, of course, preferable to last year’s peak of 7.8% — a difference that could translate to hundreds of dollars in monthly payments.
A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...