Estate

Real estate experts speak out on mortgage rate volatility

Real estate experts speak out on mortgage rate volatility

According to a new report from red finreal estate brokerage powered by technology. It was the most volatile three-month period since 1987, when mortgage rates swung wildly from a record high of nearly 19% earlier in the decade as the Fed struggled to rein in a severe inflation. “Interest rate volatility will be the norm …

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Estate agent confidence plunges as buyers pull out of deals

Estate agent confidence plunges as buyers pull out of deals

As fewer sellers list their homes, mortgage rates top 7% and the housing market slows, real estate agent confidence has plummeted, according to the latest survey from the National Association of Realtors. Of the 2,784 respondents, only 11% said they expect a year-over-year increase in shopper traffic over the next three months, remaining flat from …

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