When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate, mortgage rates ...
The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...
Hickman’s story is one that unfolded for homebuyers and sellers across the Chicago-area market and the nation last year as ...
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