Rates rise again, but volatility remains a constant Even as competition and inventory constraints loosen things up a bit, rising rates have kept affordability a challenge for buyers. We’ve seen significant volatility recently, not just in the wake of a much-expected rate hike from the Federal Reserve, but from world economic events like those surrounding the central … [Read more...] about What to expect with rates as a volatile market adjusts
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Shrinking average mortgage indicates opportunity, but not falling prices
Rates are volatile this week, heading up mid-week after dropping for two weeks in a row on the heels of some positive inflation data. Recently released minutes from the Fed’s June meeting point to further steep rate hikes and reflect inflation’s continued impact on monetary policy. This comes as recent … [Read more...] about Shrinking average mortgage indicates opportunity, but not falling prices
The Morty Report Makes Sense of a Wild Week
What To Know Now Rates volatility persists on the heels of the Federal Reserve meeting on May 4.Inventory remains low, sustaining high prices and buyer demand.With inflation’s path still uncertain, the market’s trajectory remains difficult to predict.Want to know what you can afford? Find today’s rates here. Not sure what to do? Ask Robert!Submit your questions … [Read more...] about The Morty Report Makes Sense of a Wild Week
Financial Literacy Resource Roundup
Achieving financial literacy is an important goal for anyone who wants to take control of their finances and put themselves on a path to long-term financial wellness. And, it’s especially so for homebuyers in today’s market. “As rates have risen and inventory continues to be low, it’s important to consider your long-term financial goals and how long you want to live in a … [Read more...] about Financial Literacy Resource Roundup
The Morty Report: All Eyes on Affordability
What to know now Rates continued to bounce around this week, with some periods of improvement, but are ending the week slightly higher.Inventory remains low which keeps buyer demand high even as rates cut into affordability.Rate volatility persists, and the spring market remains largely unpredictable for homebuyers.Want to know what you can afford? Find today’s rates … [Read more...] about The Morty Report: All Eyes on Affordability
