Inflation

Real Estate Finance News Recap: October 2021

Here’s a quick digest of what happened in real estate finance last month:

+ 30-year mortgage rates ended the month at 3.14%. While rates are rising, purchase demand is remaining steady.

+ Inflation reached a 13-year high of 5.4% annually. This has led the Fed’s announcement to raise interest rates and taper the purchase of Treasurys and mortgage-backed securities.

+ The Mortgage Bankers Association has forecasted 30-year mortgage rates to hit 4.0% by the end of 2022.

 


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Real Estate Finance News Recap: July 2021

Here’s a quick digest of what happened in real estate finance last month:

+ 30-year fixed mortgage rates remain below three percent for the fifth consecutive week and 15-year rates hit a new low as the economy works to get back to its pre-pandemic self.

+ As the Fed discusses cutting back on buying mortgage and Treasury bonds, could housing prices finally cool down?

+ Brett Arends of MarketWatch gives us another reason to own our home in retirement — rents are rising three times as fast as inflation. Ouch!


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Real Estate Finance News Recap: May 2021

Here’s a quick digest of what happened in real estate finance last month:

+ Mortgage rates drop below three percent again, offering many homebuyers another chance to refinance to increase their monthly cash flow.

+ As consumer prices rose the sharpest since September 2008, Realtor.com breaks down what this eye-popping inflation means for mortgage rates.

 

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