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Thursday, June 30th, 2022

June 30, 2022 The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an economic recession. This pause in rate activity should help the housing market rebalance … Continue reading →

Posted in Interest Rates |
Monday, June 27th, 2022

Posted in Listings and Pendings |
Monday, June 27th, 2022

Posted in Inventory |
Monday, June 27th, 2022

For Week Ending June 18, 2022 The 30-year fixed rate mortgage averaged 5.78% the week ending 6/17, rising 55 basis points from the previous week and marking the largest one week increase since 1987, according to Freddie Mac. Mortgage rates … Continue reading →

Posted in Inventory |
Thursday, June 23rd, 2022

June 23, 2022 Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and high home prices is the likely driver of recent declines in existing home … Continue reading →

Posted in Interest Rates |
Thursday, June 23rd, 2022

Posted in Interest Rates |
Wednesday, June 22nd, 2022

Posted in Existing Home Sales |
Wednesday, June 22nd, 2022

Posted in Listings and Pendings |
Wednesday, June 22nd, 2022

Posted in Inventory |
Wednesday, June 22nd, 2022

For Week Ending June 11, 2022 To help fight rising inflation, which hit 8.6% as of last measure, the Federal Reserve raised interest rates by three quarters of a percentage point, the largest interest rate hike in 28 years. The … Continue reading →

Posted in Inventory |
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Direct: 612-924-4354 | Cell: 612-669-0596
Lance@theberwaldgroup.com


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