When will the Fed's moves alleviate the lock-in effect?
Cooling inflation will eventually allow the Federal Reserve to cut rates, but this process will take longer than previously thought.
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Cooling inflation will eventually allow the Federal Reserve to cut rates, but this process will take longer than previously thought.
As an inventory drought ends for listings, house hunters just aren't showing up.
The average rate on a 30-year mortgage dipped this week giving little relief for prospective homebuyers.
Buyers now need to pay 52.7 percent more than they would have in May 2019 for the same sized home, with a surge in working from home partly to blame.
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this week.