Mortgage Watch Report
Mortgage Rates are moving higher after Chairman Powell raised the Fed Funds rate by another 75bps on Wednesday 11-2-2022. Now, while raising the Fed Funds rate…
Mortgage Rates are moving higher after Chairman Powell raised the Fed Funds rate by another 75bps on Wednesday 11-2-2022. Now, while raising the Fed Funds rate…
Housing Haunted by the FedAs the Federal Reserve pushed harder and harder on the economic brake pedal by increasing the Fed Funds Rate at the fastest pace…
The overview below shows real estate activity from January 2022 to September 2022. You will see data comparisons between September and the previous month, the…
Sky-High RatesFrom the lows of 3.22% in January to a high of 6.7% last week, rising mortgage rates have substantially impacted the housing market in so many…
A SLIGHT Seller’s MarketEven with muted demand due to the higher mortgage rate environment, the muted supply of available homes has allowed the Orange County housing market…
The overview below shows real estate activity from January 2022 to October 2022. You will see data comparisons between October and the previous month, the…
Mortgage Rates are having their best winning streak since late July in terms of consecutive days spent moving lower. All that having been said, the length of…
Pricing is CrucialBuyers now have the upper hand when negotiating in today’s market, which means sellers must painstakingly arrive at the asking price to be successful. To find…
Hunkering DownSignificantly higher mortgage rates are preventing a massive number of homeowners from selling their homes, and the trend has only grown more problematic recently.In…
Mortgage Rates are flat to slightly worse since last week. Today the Non-Farm Payroll numbers came in about as expected. The number came in at 315k jobs…