All things being equal – meaning the U.S. economy keeps improving and new batches of data prove it – the Fed might raise short-term interest rates again in March. Source: Florida Realtors
30-year mortgage rate rises again – to 4.16%
It’s the seventh week in a row for increases, and two out of three mortgage experts polled this week predict they’ll continue to rise over the short term. Source: Florida Realtors
Fed raises key interest rate for first time in year
The Federal Reserve raised short-term interest rates by a quarter point, which could impact some adjustable-rate mortgages and other consumer loans. Source: Florida Realtors
Struggling homeowners get holiday break
Most lenders, along with Fannie Mae and Freddie Mac, say they won’t evict homeowners going through foreclosure during the holiday season. Source: Florida Realtors
Rising mortgage rates could tighten listing inventory
While higher rates would hurt buyers, they could also entice current owners not to move so they can keep enjoying their current lower-rate monthly payments. Source: Florida Realtors
30-year mortgage rates rise to 4.13%
It’s the highest level for the year following a six-week rise after the presidential election. But no expert polled this week predicts more increases. Source: Florida Realtors
Real estate speakers see challenges, opportunities
Top economists meeting at NAR’s Washington headquarters said that it’s tough out there for buyers right now, especially first-timers – but help is available. Source: Florida Realtors
Report: Home prices still 'have room to run'
Fla. ranks second for improving “housing market stability” year-to-year, says Freddie Mac, and its MiMi Index for Fla. (86.7) beats the national index (86.7). Source: Florida Realtors
30-year mortgage rate rises again, now at 4.08%
The average FRM reached its highest point of the year this week following a post-election surge in prices – and 50% of experts think the trend will continue. Source: Florida Realtors
Realtor.com forecast: 2017 real estate trends
Mortgage rates will hit 4.5%, home sales will rise 1.9% and prices will go up 3.9% as millennials, boomers and Western cities dominate the real estate market. Source: Florida Realtors
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