Sky-high prices, today’s mortgage rates, property taxes on those sky-high prices, and spiking homeowners’ insurance costs create a peculiar situation that more and more people are taking advantage of. By Wolf Richter for WOLF STREET. The share of […]
Optimism about dropping mortgage rates drove up its Home Purchase Sentiment Index, but the poll occurred just before mortgage rates exploded. By Wolf Richter for WOLF STREET. Fannie Mae said today that its Home Purchase Sentiment Index (HPSI), […]
As buyers wait for even lower mortgage rates, lower prices, and higher wages. Mortgage rates already dropped to 6.15% from 7.9%, but that didn’t help at all. By Wolf Richter for WOLF STREET. We’ve been saying this for […]
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