Nationwide, 17.2% of U.S. homeowners with mortgages have an interest rate greater than or equal to 6%.
The average rate on 30-year mortgages fell to 6.89% from 6.95% last week.
Stubbornly high mortgage rates have changed the way they tap that pile of wealth.
At 4.06 million, the annual pace of 2024’s existing home sales was the lowest number recorded since 1995.
The housing market appears to be cooling in the West, while the East still sees price hikes.
The S&P CoreLogic Case-Shiller 20-city home price index climbed 18.4% in October from a year earlier.
Don’t miss out on the latest market insights, and exclusive property listings from Wendy Paskow.
You have successfully been added to my Newsletter. Stay tuned for the latest updates sent straight to your inbox!
With unmatched market expertise and a results-driven approach, Wendy Paskow seamlessly connects buyers, sellers, and investors. Whether relocating, investing, or selling, she ensures a smooth and profitable experience. Reach out today!
Phone
Email
Address
200 E PALMETTO PARK RD STE 104 BOCA RATON, FL 33432
Message sent successfully!