Election Outcome and Rising Mortgage Rates Temporarily Slow Bay…
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After a Rising Streak, Mortgage Rates Slow. By RISMedia Staff . Share This Post Now! After an April run-up, mortgage rates have slowed, with the average 30-year, fixed rate at 4.55 percent this.
Gaming the housing peak / Bay Area prices slow as mortgage rates rise The Bay Area housing market cooled in October, as home sales declined for the seventh consecutive month and prices softened.
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· Changes in tax law and higher mortgage rates might slow home sales. Yet demand is up and supply low in many areas, which could have the opposite effect for purchases and prices.
Mortgage Rates Staying Calm to Begin Month Mortgage rates have fallen. in fees to save $150 a month, it will take 30 months to break even ($4,500 divided by 0 equals 30). If you believe you’ll stay in the house beyond the break.
Mortgage rates have gone up about half a percentage point since the presidential election. Rise in Mortgage Rates After Election Not Unusual: Fianancial Experts – NBC 7 San Diego
Following the election, mortgage rates show no sign of slowing down. by Joseph Lu November 30, 2016. Mortgage rates continue to climb after the election, according to new research from Freddie Mac. Three weeks have passed since the Nov. 8 election, and the Primary Mortgage Market Survey from Freddie Mac has shown that mortgage rates continue to rise.
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The big question, of course, is whether these additional increases will actually occur and, if so, in which months? Masking the impact is the fact that mortgage rates were already on the rise, prior to the Fed’s decision, so the more general question is, what impact will a rising rate environment have on housing and the mortgage industry?
Mortgage rate cuts are on the cards after the Reserve Bank dropped the official cash rate for the first time in almost three years. The Reserve Bank of Australia (RBA) has cut the official cash rate to 1.25 per cent, following its monetary policy board meeting. The central bank’s decision was.
Mortgage rates shift quickly on important news. There is perhaps no bigger news in 2016 than the presidential election. How the results could affect mortgage rates today.
While rising mortgage rates will have little. the day after Mr. Trump’s election victory. And while New York City voted overwhelmingly for Democratic candidate Hillary Clinton, the shock of her.
Executive Summary: The December home sales decline in the Bay Area was larger than historically seen between November and December. The decline was led by slower activity among homes priced below $1 million, which is a function of higher mortgage rates, but also a severely depleted inventory of affordable homes for sale.