Mortgage rates rose above 3% this week as consumer and producer prices continue to rise due to persistent supply bottlenecks and labor difficulties.
Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-14-2021
Looking to relocate? Forewarned is fore armed. https://www.gobankingrates.com/money/economy/states-economies-failing-vs-states-economies-thriving/
Join NAR’s Rodney Gansho, Charlie Lee, and industry experts on the latest and greatest that is happening with RPR®, CMLS, realtor.com®, and RESO. Original source: https://www.nar.realtor/videos/the-mls-hour/the-mls-hour-2021-realtors-conference-and-expo-industry-update
40 years of Home Buyer and Seller Data There are some notable changes in the home buying environment, pandemic aside, including interest rates, home prices, and how people buy and sell. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/40-years-of-home-buyer-and-seller-data-how-does-the-profile-compare
Monthly State Retail Sales, January 2019 to May 2021 The U.S. Census Bureau has released a new experimental data product that features modeled state-level retail sales. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/monthly-state-retail-sales-january-2019-to-may-2021
Instant Reaction: Mortgage Rates, September 30, 2021 Mortgage rates rose sharply this week following the trend of the 10-year Treasury yield, with the 30-year fixed mortgage rate increasing to 3.01%. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-30-2021
Existing-Home Sales Recede 2.0% in August In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective. Media Contact: Quintin Simmons 202-383-1178 Original source: https://www.nar.realtor/newsroom/existing-home-sales-recede-2-0-in-august