Sentences with phrase «as mortgage rates»

Aaron Terrazas, Zillow senior economist, discusses the shortage of affordable housing as mortgage rates are on the rise.

November 29, 2016 By: Brad Hunter, HomeAdvisor's Chief Economist As mortgage rates increase over the next few years, home improvement activity is likely to increase with them.

Once this demand is exhausted, and as mortgage rates gradually rise, the pace of activity in the resale market will ease.

Rate setters at the big banks are in the driver's seat now as mortgage rates inch up.

«Our latest refinance report shows the refinance boom continued to wind down as the pool of potential borrowers declined and as mortgage rates increased during the second half of 2013,» says Frank Nothaft, Freddie Mac vice president and chief economist.

As mortgage rates remain at historic lows, it is worth checking your eligibility to take advantage of savings before the new loan officially rolls out.

After running various scenarios, I expect home prices to rise continuously as long as mortgage rates remain under 6 percent.

Translation: 2011 will probably be a lot like 2010, as far as mortgage rates go.

Demand for housing in Baton Rouge has remained strong as mortgage rates have remained near historic lows.

As we near the traditionally busy spring buyers season, there is still hope for buyers as mortgage rates remain low compared to recent decades.

When deciding on content, you can choose to focus on hard news, such as mortgage rates or the nuts and bolts of renovation or softer news such as decor.

He's one of a number of homeowners who refinanced just a year or two ago, but decided it was worth considering again as mortgage rates hit record lows — now averaging around 4 percent for a 30 - year loan.

Source: «Homeowners Ditch Refinancings as Mortgage Rates Rise,» The Wall Street Journal (March 26, 2018)[Log - in required.]

Applications for U.S. home mortgages fell for a second week and hit a 13 - year low as mortgage rates rose due to a bond market sell - off following the Federal Reserve's decision to pare its bond purchase stimulus in January, an industry group said on Tuesday.

Even as mortgage rates remained near 3 - year lows last week, refinance applications fell back 7 percent for the second week in a row, according to the Mortgage Bankers» Association.

We believe that prices will continue to rise, but the rate of growth will drop as mortgage rates slowly increase.

As mortgage rates increase, the demand for home purchases will likely remain strong relative to the constrained supply and continue to put upward pressure on home prices.»

As mortgage rates have remained low and home values have increased, many U.S homeowners have been put in the prime position to refinance their mortgage but many are also missing out on the opportunity.

No, they shouldn't worry, but they should be concerned because homeownership become less affordable as mortgage rates rise regardless if home prices level off or even go down!

Americans stepped up home buying in January, even as mortgage rates rose.

So as mortgage rates rise, homeowners tend to keep their homes a little longer, said Frank Nothaft, chief economist for CoreLogic, at the Urban Institute symposium.

Demand for housing has remained strong as mortgage rates have remained near historic lows.

Rates paid on saving accounts, money markets, and CDs are not keeping pace with the federal rate hikes anywhere near as quickly as mortgage rates.

According to a report from Black Knight Financial Services, about 2.4 million borrowers could save $ 200 + on their monthly mortgage payments and an additional 1.9 million could save $ 100 - $ 200 per month as mortgage rates stand right now.

As mortgage rates stand, more than 5 million borrowers could qualify and benefit from a mortgage refinance.

However, those beneficial market conditions faded a little during the fourth quarter, as mortgage rates firmed slightly over the period.

Mortgage rates for a HomeReady ™ mortgage loan are the same as mortgage rates for a «traditional» loan.

The number of home owners refinancing their mortgages zoomed to its highest level in three years last week as mortgage rates continue to fall.

A new report shows that buyers continue to flock the market as mortgage rates continue to be at an all - time low.

Even those who can afford to buy may choose to wait till rates lower, as both mortgage rates and home values are some of the highest we've seen in years.

«Affordability probably looks as good as it will get in the near term as mortgage rates are on the rise.»

«This year's spring and summer home buying season has gotten off to a slow start, even as mortgage rates have trended lower over the past two months.

Opportunity also exists for buyers as mortgage rates remain near historic lows.

Mortgage applications for home purchases ticked up last week as mortgage rates dropped to their lowest level since June, the Mortgage Bankers Association reported Wednesday.

Mortgage applications for home purchases ticked up last week as mortgage rates dropped to their lowest level since June, the Mortgage Bankers Association reported.

However, a simple sensitivity analysis shows that as mortgage rates rise, the benefits of reform decline.

Stay tuned though, as mortgage rates can — and often do — move suddenly.

As mortgage rates plummet to three - year lows, more home owners are refinancing to lock in lower borrowing costs.

But, in either case, housing will factor into the easing as mortgage rates continue inching up, price appreciation moderates, and the real estate sector shrinks to accommodate this new reality.

This will likely get more difficult as mortgage rates climb back to the 5 - 6 % range where they belong.

«As mortgage rates continue to trend upwards, homebuyers in the costly coastal housing markets in California and the Northeast may get some relief,» says McLaughlin.

«As mortgage rates rise, buyers will face higher financing costs and already expensive homes will come with even higher monthly mortgage payments,» says Dr. Svenja Gudell, Zillow chief economist.

Rents for apartments probably will go up as mortgage rates have climbed, making it too expensive for some people to buy homes, Zell said.

As mortgage rates have plummeted to an all - time low, homeowners are refinancing to 20 years, so the 20 - year term life policy is an obvious solution if you're purchasing term life simply for mortgage protection.

As mortgage rates are predicted to be on the rise it has been stated that from the coming year, Freddie Mac will provide detailed delinquency information on the company's Web site.

Lenders are scrambling to spin up new offerings as mortgage rates rise and no - cash out refis dry up.

This is a guest post by the experts at Ratehub.ca As mortgage rates have come down this year because of a couple of Bank of Canada rate cuts, you may be wondering if it's time to consider refinancing your mortgage.

As mortgage rates fluctuate just the way stock prices do, identifying the better - priced lender at any given point in time — with the specific credit parameters — can be quite a complicated process.

«As mortgage rates go up, that does put some downward pressure on home prices, but it does it with a lag,» said Kapfidze.

This yield curve is used as a benchmark for other debt in the market, such as mortgage rates or bank lending rates, and it is also used to predict changes in economic output and growth.