Refinancing Jumps 11.4% in 2024 but Faces Big Challenges
In the first quarter, refinancing activity showed a surprising change. But there’s a twist. The recent increase in interest rates has had a serious impact on mortgage refinancing activity in the country over the last three years. As we look into 2024, there is hope that the upcoming year will result in lower interest rates, […]
Home Prices Are Dropping to 6.4%, High Interest Rates Keep Homebuyers Struggling.
The housing market’s still a mess with home prices dropping, but it doesn’t really help homebuyers. According to data from the real estate firm. Home prices dropped to 6.4%. Active listings experienced a drop in the week ending May 26. Although this is not a large portion of listings, it’s a lot more than the 4.4% we […]
