The real estate market in the United States is about to see a transformation in the coming months, according to an industry expert.
Mortgage rates Freddy Mac Freddy Mac said on Thursday that its decrease for the first time in weeks, although they are still hovering near 7 %.
The latest survey in the mortgage market in Freddy Mac, which was released on Thursday, showed that the average price is on the index A stable mortgage for 30 years It decreased to 6.84 % of last week’s reading by 6.85 %.
The average loan price for 30 years was 6.95 % per year.
These states were the MVPS housing market, according to RealTor.com
“The mortgage rates have moved within a narrow range during the past few months, and this week is not different,” said Sam Khatter, the chief economist in Freddy Mac. “Stability rate, improving stock and home prices are slower as an encouraging group as we celebrate the month of national homes.”
When leaving the house to your heirs with reverse results
The average fixed mortgage price for 15 years decreased to 5.97 % of last week’s reading by 5.99 %. One year ago, the average fixed observation rate for 15 years reached 6.17 %.
A mark is published for sale outside a residential house in the Queen Ann neighborhood in Seattle. (Reuters / Karen Dossi / Reuters)
While the average price of the memo for 30 years is still hovering about 7 %, US home list prices It struck the highest level ever, indicating a possible shift towards the buyers market, according to industry experts.
In total, the value of homes in the United States increased by 20.3 % from last year, with a record number of $ 698 billion, according to a recent report issued by the real estate company Redvin. This increase was driven by a range of growing stock, slow demand and high -selling prices.
The average loan price for 30 years was 6.95 % per year. (Tierney L. Cross / Bloomberg via Getty Images / Getty Images)
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With the number of sellers out of buyers, the chief economists of RedFin Daril Ferroeer Fox Business have been about to shift in the next two months.
“All of these houses are listed Really high pricesAnd for this reason they sit on the market. But buyers cannot withstand the costs of these high prices, which is why they are retreating from the market, adding that mortgage rates, insurance costs and property taxes are high. “Buyers do not bite these prices.”
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