TODAY’S RATES & HOUSING NEWS Interest Rates moved up .15% this week with the Mortgage…
đź”® Housing and Interest Rate Forecasts for the Rest of 2024
VIDEO UPDATE:
(10) Mortgage Rate Update – YouTube
TODAY’S RATES & HOUSING NEWS
|
Mortgage Interest Rates didn’t move
much this week with a relatively uneventful week in the markets. |
The Mortgage Backed Security (MBS)
market traded down -4 bps on the week.
Negative trading typically results in
higher mortgage rate pricing but since
the number was so small, we’ve seen
little to no change in interest rate
pricing for most products.
The big potential market mover this
week is Friday’s PCE Inflation Report.
Below is the Green Home Loans
rate sheet today. There are a lot of
characteristics that go into a mortgage
rate – credit score, investor, loan
to value, loan amount, costs, etc.
Please call me to go over your
specific scenario so we can price
your loan out accurately.
And below are Mortgage News Daily’s
average interest rates across the country.
HOME MARKET FORECAST
FOR 2nd HALF OF 2024
Home Prices are expected to rise
slightly through the 2nd half of 2024,
while Mortgage Interest Rates are
expected to go down slightly in the
2nd half of 2024.
See full article here:
https://www.simplifyingthemarket.com/en/2024/06/24/housing-market-forecast-whats-ahead-for-the-2nd-half-of-2024?a=416053-92a5e147583580fe9c623b0e517c01ac
and Home Price and Interest Rate
Projections below:
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