Surge

Mortgage Rates Surge After Powell Comments

Posted To: Mortgage Rate Watch Mortgage rates jumped quickly today after Q&A session with Federal Reserve Chair Jerome Powell. What did he say to cause such drama? Actually, it’s more about what he didn’t say. For some reason, market participants were expecting (or at least hoping) that Powell would say something to address the recent […]

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Housing Affordability Declines in September 2020 as Median Family Prices Continue to Surge

At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. www.nar.realtor – Research

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