Rates trend upward: quarterly building trends forecast: the honeymoon winds down as mortgage rates continue to climb Loans Finance & Mortgage

Rates trend upward: quarterly building trends forecast: the honeymoon winds down as mortgage rates continue to climb

The mortgage rate honeymoon seems to be drawing to a close, and since consumers have gotten used to sub-6 percent fixed mortgage rates over the past two and a half years, there are now plenty of questions about the immediate future of the housing market. With high energy costs, steady consumer spending, solid GDP growth, and constant short-term rate hikes by the Federal Reserve, mortgage rates have finally started to trend upward. And unlike the occasional jumps that have happened in recent years, this time they are not likely to come back down. The spread between one-year adjustable rates and the 30-year fixed rate has continued to narrow, and, like a compressing spring, it will eventually push apart again, sending 30-year rates upward.(Continue Reading)

Mortgage - Industry News - low mortgage rates translate into strong markets for home improvement products - Brief Article
Mortgage. (Industry News).(low mortgage rates translate into strong markets for home improvement products)(Continue Reading)

Finding A Deal As Rates Rise - mortgage rates - Brief Article - Statistical Data Included
MORTGAGES | Higher rates will give HYBRID LOANS more appeal. BAD NEWS: Those six cuts in short-term interest rates engineered by the Federal Reserve ...(Continue Reading)

Rates trend upward: quarterly building trends forecast: the honeymoon winds down as mortgage rates continue to climb
The mortgage rate honeymoon seems to be drawing to a close, and since consumers have gotten used to sub-6 percent fixed mortgage rates over the past ...(Continue Reading)

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Escalating home prices stem mainly from strong basis demands for shelter, facilitated by low mortgage rates and ample availability of mortgage credit
Escalating home prices stem mainly from strong basis demands for shelter, facilitated by low mortgage rates and ample availability of mortgage credit.(Continue Reading)