Can rising mortgage rates be GOOD news?

Mortgage rates hit their highest point. with most feeling good about new home sales for the next six months. So what gives? With rates high, prices rising and affordability seemingly on the.

Throughout the past couple of days, news of rising mortgage rates have dominated news headlines. As a result, many potential buyers and current homeowners have expressed concern about the future of the housing market and pressed pause on their home purchase or refinance.

The S & P 500 “Death Cross” and what it means for mortgage rates "Today’s rate data was gathered before the conclusion of the fed meeting yesterday. chief executive of the Mortgage Bankers Association. "Although mortgage rates have trended lower since the fall, 7 mortgages with low minimum credit score requirements The S & P 500 "Death Cross" and what it means for mortgage rates continue reading for more on today’s market, including: What the.

And that’s good news for landlords, who will see increased demand for rentals as some people are priced out of home buying by higher interest rates.. Beyond mortgage rates rising to the highest.

“Until construction ramps up, housing costs will likely continue rising above income. More people could save by.

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Mortgage News Daily provides up to the minute mortgage and real estate news including mortgage rates, mortgage rss feeds and blog.. He hasn’t done a good job.

Good news for potential homebuyers. While mortgage rates have been creeping higher, they’re still at almost record lows. Now, with the May 1 announcement of the Federal Reserve that it will not raise interest rates, mortgage rates are likely to remain the same or even decrease.

While a monthly mortgage rate forecast is helpful, it’s important to know that rates change daily. You might get 3.9% today, and 4.0% tomorrow. Many factors alter the direction of current.

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Portland Housing Expert Brad Goodenough explains today’s housing market. Do rising mortgage rates bode well for immediately buyers or for those who can wait? Plus, the good news for homebuyers from Fannie Mae about their new program called "Day 1 Certainty".

Rising mortgage rates might seem like nothing but bad news for those in the market to buy a home. But there may be a silver lining for consumers: When rates change in either direction, many lenders change their product lines.

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Breaking News  - Rising interest rates will be good news for many people You can use Bankrate’s mortgage calculator. 5/1 ARM is 3.90 percent, rising 2 basis points over the last week. These types.

Consumer Reports explains how to find the cheapest mortgage. Even though mortgage rates are falling, there’s still steps you can take to get the best rate.