Mortgage rates fell quickly after the Fed’s announcement Wednesday that it would be getting back into the bond-buying business, big time – which could take rates even lower.
Lower rates are not giving mortgage demand any sizable boost, except when it comes to higher-end homes.
If keeping your rates as low possible is your number one concern, you need to know about these five factors that can affect your bottom line.
All eyes are on the spring market, which could determine the fate of both the stocks and the earnings of the biggest builders.
Mortgage interest rates are now decidedly lower than a year ago, and home shoppers are buying in, but most are wealthier consumers purchasing more expensive homes.