According to recent Freddie Mac data, mortgage rates are on a downward trend, hovering just below 7%. To provide insights on this development and its implications for the housing market, Melissa Cohn, William Raveis Mortgage regional vice president joins Wealth! Cohn observes that the dip in rates has sparked “more enthusiasm from buyers,” with many potential homeowners viewing this as “a good time to buy.” This renewed interest is fueled in part by anticipation of a potential Federal Reserve rate cut come September, which could further impact mortgage rates. Examining on the current housing market dynamics, Cohn explains, “When interest rates are high, there are fewer buyers in the marketplace […]
According to data from the National Association of Realtors (NAR), cited by the Washington Post, 23% of first-time homebuyers opt to stay with family and friends before purchasing their first home. Yahoo Finance’s Josh Schafer and Brooke DiPalma discuss the data, along with the state of the housing market and mortgage rates on January 2, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #housing #housingmarket #2023 #2024 #outlook #mortgage #mortgages
#realestate #yahoofinance #interestrates #homebuyers The Fed’s interest rate hikes are putting pressure on potential homebuyers, pushing them out of housing markets more often than not. National Association of Home Builders (NAHB) CEO Jim Tobin highlights the state of the U.S. housing market as housing starts tumbled in June. Tobin considers himself “pro-home ownership” when advising Millennial-age consumers to consider buying a home amid elevated mortgage rates while characterizing the availability of homebuilding supplies as “a game of whack-a-mole.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you […]
#yahoofinance #realestate #mortgage #homebuyers Fannie Mae recently revised its housing call for 2023 and 2024. Yahoo Finance Reporter Dani Romero joins the Live show to discuss the latest report, which predicts home prices and mortgage rates to fall. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your […]
#yahoofinance #homebuyers #supplychain #mortgage U.S. pending home sales shrank by 2.7% month-over-month in May. Wall Street Journal Reporter Ben Eisen joins Yahoo Finance Live to explain how prospective homebuyers are adapting to inventory shortages across housing as prices and mortgage rates remain elevated. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical […]
#Realestate #yahoofinance Yahoo Finance tech reporter Allie Garfinkle details the biggest hurdles in the housing market that both buyers and sellers are currently facing. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades […]
China’s second largest real estate developer Evergrande has been officially declared in default by credit agencies. The ramifications of this will be felt by homebuyers and millions who rely on the sector for employment. Al Jazeera’s @Katrina Yu reports from Suzhou, China. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #China #Evergrande
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#realestatemarket #realestateinvestors #housingbubble Yahoo Finance’s Seana Smith and Adam Shapiro spoke with Chris Rupkey, FWDBONDS Chief Economist about rising home prices and housing bubble fears. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and […]
