Instant Reaction: Mortgage Rates, February 29, 2024
Unfortunately for home buyers, mortgage interest rates ticked up again this week to 6.94%. While this is still below the rates seen in the fall of 2023, it impacts home buyers' excitement about entering a spring market. For a $400,000 home, with a 20% down payment, the mortgage payment would be $2,1
Pending Home Sales Receded 4.9% in January
Key Highlights Pending home sales decreased 4.9% in January. Month over month, contract signings rose in the Northeast and West but fell in the Midwest and South. Compared to one year ago, pending home sales declined in all U.S. regions. " data-src="https://www.nar.realtor/sites/default/files/styles
February 2024 Commercial Real Estate Market Insights
" data-src="https://cdn.nar.realtor/sites/default/files/styles/wysiwyg_small2/public/2024-02-commercial-real-estate-market-insights-cover-02-28-2024-300w-433h.png?itok=QowjynmM" class="b-lazy" width="200" height="289" alt="Cover of the February 2024 Commercial Real Estate Market Insights report" tit
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