In comparing the two presidential candidates, Bloomberg survey respondents said that Kamala Harris would likely be better for housing costs.
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Ever wonder why most reverse mortgages are variable-rate loans? Learn why and get an update on rates from industry educator Dan Hultquist.
The downward movement in mortgage rates over the past few months accelerated last week as a cooler-than-expected jobs report and indications of a Federal Reserve rate cut led to a steep drop in loan pricing.
Mortgage rates fell on the back of recent statements by Fed Chair Jerome Powell, fueling speculation of a cut in September.
In this commentary, Dan Hultquist explains reverse mortgage rates and takes a look at their movements over the past month.
Mortgage rates were volatile last week after the jobs report and the Fed meeting. What should we expect this week?
Even though inflation came in hotter than expected on Thursday, we are still talking about rate cuts in 2024!
With lower mortgage rates fueling demand, fewer homes will have to take a price cut before they’re sold this spring.
In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.