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« เมื่อ: วันที่ 13 ตุลาคม 2024, 20:26:17 น. »
Federal interest rates drop, but mortgage rates on the rise
More signs that inflation is starting to cool down the Consumer Price Index for September came out about an hour ago the labor department reported that the annual rate of inflation slowed to 2.4% just above the Federal reserve's target this was a little bit higher than analysts expected but it's still well below the 9% Peak we saw back in 2022 and maybe maybe you've noticed a lot more for sale signs up these days our local housing market seeing a bit of a surge right now this is local list in service data from the multiple listing service showing that trend of listed houses in the Puget Sound region and in September look at that 15,740 homes on the market it's a growing Trend and that's the most we've seen since 2019 that's saying a lot but Federal interest rates are still close to 7% I should say current mortgage rates are close to seven so houses aren't exactly flying off the shelves right now the average time a house sits on the market these days in the pet town is 61 days so not keeping up quite as much with the number of listings and maybe you're asking yourselves weren't those Federal interest rate Cuts supposed to push morgage rates down lower so it makes it easier to buy a house that's usually the case but in the last week we've seen the opposite why experts point to that Blockbuster jobs report that came out last week that indicates more people are working than expected so mortgage rates to buy a home are actually slightly up right now so we're not seeing the kind of buying frenzy that maybe you are used to John by with John L Scott tells us it's still a good time to buy a home though because we're experiencing one of the healthiest housing markets we've seen in a while sellers can list a home with the same price and not have to um you know stress too much about that and buyers can take their time and relax a little because there isn't a bidding war like there used to be your affordability is much better today than it was 6 months ago so if people have been out there shopping or they're thinking about it earlier this year they're like man that's really expensive get back after it right now you you got options you got opportunities to negotiate now bu has a message for anyone still eager to buy a home mortgage rates are predicted to go down slightly in the coming months and into next year maybe in the FES somewhere with the 30-year fixed mortgage rate says he's getting calls from people that have just been chomping at the bit to buy a house they say they're going to pull the trigger next year and make it happen watching those mortgage rates closely and buyers aren't the only ones that care about that because people who bought a home recently locked into those higher rates Jake and they're trying to figure out when to refy and they're waiting for those rates to come down in fact the Mortgage Bankers Association said refi applications jump 20% in a week probably thanks to the mortgage rate dropping they accounted for about 56% of all mortgage applications so we'll have to wait and see what's when when it's time to refy and then at what point is it worth it's that delicate balance right because you can maybe negotiate the price of a house down say $100,000 that's going to save you a lot of money how much of a lowered interest rate will make up for 100 right so it's better to negotiate the price down and save money or save money with the interest rate straight lower this is kind of that middle ground right now.
5 TIPS TO PREPARE FOR YOUR PROPERTY SETTLEMENT
8 HABITS OF WEALTHY AND SUCCESSFUL PEOPLE
WHY MILLENNIALS CHOOSE TO BUY HOME
7 TIPS EVERY HOMEOWNER NEED TO KNOW ABOUT INSURANCE
8 TIP ON HOMEOWNNER INSURANCE
10 QUESTION YOU SHOULD ASK MORTGAGE LENDERS
HOW MUCH IS MY CAR ACCIDENT SETTLEMENT WORTH
200 BUSINESS MOVEMENT NEWS
150 FINANCIAL TIP YOU SHOULD KNOW
ESSENTIAL LIST OF MORTGAGE APPLICATION DOCUMENT
PREPARE YOURSELF BEFORE INVESTING IN STOCK
SHOPPING IS THE RIGHT WAY WITHOUT DEBT
FACTORS AFFECTING HOME LOAN RATES
USING CREDIT CARDS WITH NO DEBT
PLAN FOR BUSINESS LOANS
STEP BEFORE BUYING INSURANCE
CHOOSING LIFE INSURANCE
HOW TO GET CHEAP CAR INSURANCE
IF IN DEBT WITH A CREDIT CARD
TYPE OF INSURANCE
HOW TO REQUEST A CLAIM
DEPOSIT WITH BANKS OR TAKE OUT INSURANCE
WHY DO WE NEED LIFE INSURANCE
INSURE ASSETS AND LIABILITIES HOW IS IT DIFFERENT
CONTRACT FOR BUYING A HOUSE
HAPPY IF IN DEBT
CAN NOT PAY THE CAR INSTALLMENTS
16 MOST IMPORTANT CAR INSURANCE TERMS
WANT TO USE URGENT MONEY WHERE SHOULD I REQUEST A LOAN
SAVE MONEY IN STOCKS
HOW TO HAVE A HOME
PLAN BEFORE RETIREMENT
PLAN FOR REPAYMENT CAREFULLY
50 FINANCIAL MOVEMENT YOU SHOULD KNOW
More signs that inflation is starting to cool down the Consumer Price Index for September came out about an hour ago the labor department reported that the annual rate of inflation slowed to 2.4% just above the Federal reserve's target this was a little bit higher than analysts expected but it's still well below the 9% Peak we saw back in 2022 and maybe maybe you've noticed a lot more for sale signs up these days our local housing market seeing a bit of a surge right now this is local list in service data from the multiple listing service showing that trend of listed houses in the Puget Sound region and in September look at that 15,740 homes on the market it's a growing Trend and that's the most we've seen since 2019 that's saying a lot but Federal interest rates are still close to 7% I should say current mortgage rates are close to seven so houses aren't exactly flying off the shelves right now the average time a house sits on the market these days in the pet town is 61 days so not keeping up quite as much with the number of listings and maybe you're asking yourselves weren't those Federal interest rate Cuts supposed to push morgage rates down lower so it makes it easier to buy a house that's usually the case but in the last week we've seen the opposite why experts point to that Blockbuster jobs report that came out last week that indicates more people are working than expected so mortgage rates to buy a home are actually slightly up right now so we're not seeing the kind of buying frenzy that maybe you are used to John by with John L Scott tells us it's still a good time to buy a home though because we're experiencing one of the healthiest housing markets we've seen in a while sellers can list a home with the same price and not have to um you know stress too much about that and buyers can take their time and relax a little because there isn't a bidding war like there used to be your affordability is much better today than it was 6 months ago so if people have been out there shopping or they're thinking about it earlier this year they're like man that's really expensive get back after it right now you you got options you got opportunities to negotiate now bu has a message for anyone still eager to buy a home mortgage rates are predicted to go down slightly in the coming months and into next year maybe in the FES somewhere with the 30-year fixed mortgage rate says he's getting calls from people that have just been chomping at the bit to buy a house they say they're going to pull the trigger next year and make it happen watching those mortgage rates closely and buyers aren't the only ones that care about that because people who bought a home recently locked into those higher rates Jake and they're trying to figure out when to refy and they're waiting for those rates to come down in fact the Mortgage Bankers Association said refi applications jump 20% in a week probably thanks to the mortgage rate dropping they accounted for about 56% of all mortgage applications so we'll have to wait and see what's when when it's time to refy and then at what point is it worth it's that delicate balance right because you can maybe negotiate the price of a house down say $100,000 that's going to save you a lot of money how much of a lowered interest rate will make up for 100 right so it's better to negotiate the price down and save money or save money with the interest rate straight lower this is kind of that middle ground right now.
5 TIPS TO PREPARE FOR YOUR PROPERTY SETTLEMENT
8 HABITS OF WEALTHY AND SUCCESSFUL PEOPLE
WHY MILLENNIALS CHOOSE TO BUY HOME
7 TIPS EVERY HOMEOWNER NEED TO KNOW ABOUT INSURANCE
8 TIP ON HOMEOWNNER INSURANCE
10 QUESTION YOU SHOULD ASK MORTGAGE LENDERS
HOW MUCH IS MY CAR ACCIDENT SETTLEMENT WORTH
200 BUSINESS MOVEMENT NEWS
150 FINANCIAL TIP YOU SHOULD KNOW
ESSENTIAL LIST OF MORTGAGE APPLICATION DOCUMENT
PREPARE YOURSELF BEFORE INVESTING IN STOCK
SHOPPING IS THE RIGHT WAY WITHOUT DEBT
FACTORS AFFECTING HOME LOAN RATES
USING CREDIT CARDS WITH NO DEBT
PLAN FOR BUSINESS LOANS
STEP BEFORE BUYING INSURANCE
CHOOSING LIFE INSURANCE
HOW TO GET CHEAP CAR INSURANCE
IF IN DEBT WITH A CREDIT CARD
TYPE OF INSURANCE
HOW TO REQUEST A CLAIM
DEPOSIT WITH BANKS OR TAKE OUT INSURANCE
WHY DO WE NEED LIFE INSURANCE
INSURE ASSETS AND LIABILITIES HOW IS IT DIFFERENT
CONTRACT FOR BUYING A HOUSE
HAPPY IF IN DEBT
CAN NOT PAY THE CAR INSTALLMENTS
16 MOST IMPORTANT CAR INSURANCE TERMS
WANT TO USE URGENT MONEY WHERE SHOULD I REQUEST A LOAN
SAVE MONEY IN STOCKS
HOW TO HAVE A HOME
PLAN BEFORE RETIREMENT
PLAN FOR REPAYMENT CAREFULLY
50 FINANCIAL MOVEMENT YOU SHOULD KNOW