Mortgages
It’s been a minute since we checked in on mortgage rates, and there has been no shortage of heartburn in recent months. The downward trajectory of 2025 gave way to the inflationary pressures and economic uncertainty wrought by the war in Iran, dashing the hopes of homebuyers who thought better rates were on the way.…
Mortgage rates are responding to the escalating war in Iran, jumping again for the second week in a row to reach a three-month high on the 30-year. Freddie Mac put the average at 6.22% for the week ending on Thursday, marking another disappointing development for prospective homebuyers standing on the sidelines waiting for rates to…
A lot of hopes have been pinned on mortgage rates going down this year, but it seems this new war with Iran is poised to be a check on additional benchmark interest rate cuts and an overall drag on housing market activity. “Economic uncertainty is not a position from which many people are interested in…
By Jonathan MillerSpecial Contributor Understanding Housing Market Trends ASAP Admittedly, going into the Beige Book and anecdotal is a little wonky, but I promise it is worth it. Here it goes… Everyone who interacts with the housing market has all heard this debate between pending and closed sales: Early on, brokerage firms that tried to…
In what could certainly be described as a sign of our times, a Dallas-based startup is launching a new crypto-fueled fintech platform with a digital rewards program that can be leveraged to secure a lower mortgage rate. This might sound like the brainchild of some tech investor out of California, but it’s actually the latest…
