Metro East REIA
- Jan 18, 2022
- 1 min read

Mortgage Rates Rise Significantly

According to recent data from FreddieMac, interest rates have quickly risen to levels not seen since March, 2020. Their research shows rates on types of loans have been rising with the 30-year fixed-rate mortgage increasing by almost a quarter of a percent from the prior week. In addition, FreddieMac says the rise in mortgage rates so far has not yet affected purchase demand, but given the fast pace of home price growth, it will likely dampen demand them in the near future. Be sure to look at their historical data. Continue reading HERE...

Recent Posts

See All

Your Guide to the Renter’s Bill of Rights – Parts 1 & 2

Recently, the Biden Administration released its Blueprint for the Renters Bill of Rights. On two recent episodes of the Rent Perfect Podcast, David Pickron and his General Counsel Denny Dobbins discu

Existing-Home Sales Surge 14.5% in February

The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year over year). Total housing in

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies