Austin McCully Real Estate

Mortgage rates head higher after inflation data following brief dip
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Mortgage rates head higher after inflation data following brief dip . ” Mortgage rates have been on an upward trend since Tuesday, following the Silicon Valley Bank and New York Signature Bank failures. The average rate on the 30-year fixed mortgage has risen to 6.75%, up from 6.57% on Monday. The sudden dip in rates gave rate-sensitive buyers little time to react...

CoreLogic: ‘Mortgage Rate Volatility Highlights How Much Uncertainty Remains’
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CoreLogic: ‘Mortgage Rate Volatility Highlights How Much Uncertainty Remains’ The CoreLogic Home Price Index (HPI) and HPI Forecast for January 2023 show that U.S. home prices continued their gradual fall, with the 5.5% annual gain down for the ninth straight month and the lowest recorded since June 2020. Deceleration was particularly noticeable in the Western U.S. and other....