Tag Archives: Interest Rates

To lock or not lock? That is the mortgage question

The rise in rates put the brakes on the housing recovery, sending both mortgage applications and home sales lower during the summer months. While home builders continued to tout demand and affordability, they could not help but notice fewer buyers … Continue reading

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Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

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Higher mortgage rates may mean easier credit

(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading

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Corelogic: There is no housing bubble

Rising mortgage rates will help to temper the possibility of a bubble as well, but they will not cut into demand dramatically, as some have predicted, according to Fleming. “Buyers buy based upon payment, and those payments are still highly … Continue reading

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Home price gains not enough for a ‘bubble’ say economists

Rising mortgage rates will help to temper the possibility of a bubble as well, but they will not cut into demand dramatically, as some have predicted, according to Fleming. “Buyers buy based upon payment, and those payments are still highly … Continue reading

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