Realtor.org
Thursday, September 29, 2022 4:54:21 PM UTC
Mortgage Rates Inch Closer to 7%

Buyers would be smart to shop around: The large dispersion in rate offerings among lenders could amount to several hundreds of dollars, Freddie Mac says.

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FHA Moves to Include On-Time Rental Payments for First-Time Buyers

“If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner.

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NAR: ‘Decade-High Rates Deeply Cut Into Contract Signings’

Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.

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Mortgage Rates Jump Even Higher After Fed Hike

The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.

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NAR Helps White House Brainstorm Inventory Solutions

Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.

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