Mortgage Rates Drop at Yearend December 23, 2021 The market volatility resulting from the COVID-19 Omicron variant is causing mortgage rates to decrease. As the year comes to a close, the housing market is proceeding steadily. However, rates are expected to increase in 2022 which will impact homebuyer demand as ...
Continue ReadingSeptember 2,2021 by Realtor Michael Mahoney | 617-615-9435 There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely ...
Continue ReadingMortgage Rates Remain Flat Freddie Mac reports each Thursday on mortgage rates and comments on rate movement. “Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher. Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – ...
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