Monthly Archives: February 2023

30yr fixed dips below 6%

From Insider: Mortgage rates are falling back near 6%, reopening the housing market for 3 million home buyers, according to Freddie Mac Mortgage rates are falling back near 6%, and that could help reopen the housing market to about 3 … Continue reading

Posted in Economics, Mortgages, National Real Estate | 132 Comments

Jobs Day!

From the NYT: January Jobs Report – Pace of U.S. Hiring Expected to Slow Again The government will provide its latest snapshot of the labor market on Friday, and economists expect it to show that January was another month of … Continue reading

Posted in Economics, Employment, National Real Estate | 149 Comments

Dippitty dip dip

From Fortune: From US News and World Report: Home Prices Continue to Come Down as Higher Mortgage Rates Bite Home prices continued their downward slide in November, though they remain up year over year, according to the CoreLogic Case-Shiller monthly … Continue reading

Posted in Housing Bubble, National Real Estate | 111 Comments

Fed Day!

From Reuters: Fed expected to deliver small rate hike but keep anti-inflation tilt The Federal Reserve is expected to raise its target interest rate by a quarter of a percentage point on Wednesday, setting aside the rapid hikes used last … Continue reading

Posted in Economics, Mortgages, National Real Estate | 145 Comments