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Fall Homebuying Outlook: Everything You Need to Know About Prices, Supply and Mortgage Rates

Source: Daniel Bortz | MSN Money | August 14, 2020 With spring homebuying season disrupted by the coronavirus, would-be house hunters may be wondering if this fall will be a good time to buy. The housing market is typically slow after August, as kids settle in for the school year and the weather starts to cool in much of the country. But, this year, the answer to that question—like so many posed since the start of the pandemic—is maybe, it depends. To help you make the best decision for you, we’ve … [Read more...]

Mortgage rates crush it again, plunge to a new all-time low

Source: Jeff Ostrowski for Bankrate via MSN.com Mortgage rates just keep sliding lower, hitting yet another new record low this week. The benchmark 30-year fixed-rate mortgage fell 8 basis points to 3.22 percent, according to Bankrate’s weekly survey of large lenders. That’s the lowest rate ever in more than three decades the survey has been conducted. Some expert rate watchers see still lower mortgage rates ahead. “Rates should head lower as the 10-year Treasury now struggles to maintain a yield above 0.5 … [Read more...]

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