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Tag Archives: Mortgage Rates

More Homeowners Are Staying Put Longer

With the average length of time Americans remain in their home now exceeding 10.5 years, rising mortgage rates will continue to discourage existing homeowners from selling their homes and further curb migration, according to a report.

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Annual Home Price Growth Projected to Moderate by 2023

CoreLogic has released its CoreLogic Home Price Index (HPI) and HPI Forecast for March 2022. U.S. home prices continued to post significant year-over-year gains in March, up by 20.9%, another record high. Even with the past year’s streak of double-digit price ...

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More Than Half of U.S. Homes Sold Above List Price

According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate remained at a 12-year high of 5.1%. “Rising mortgage rates are taking ...

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