Market News
Interest Rates Are Rising—but the Fed’s Actions Could Make It Easier To Get a Mortgage
By Jacob Passy Mortgage rates are already rising in response to the Federal Reserve’s hawkish stance on inflation, but home buyers may not need to worry about having trouble qualifying for a home loan in the months to come. The 30-year ...
Market Statistics: November 2021
View Homes Sales Report Here View Press Release Here Source: https://www.nvar.com/public/news/market-statistics/market-statistics-november-2021
How 4 Experts Say You Can Prepare Now for a Busy Housing Market This Spring
SPRING 2022 HOME-BUYING SEASON PREVIEW Main Takeaways for Buyers Low housing inventory and high demand will create a strong seller’s market, but not as intense as the peak of 2021. Home prices are expected to continue rising, but at a ...
Today’s Mortgage Rates Rise | December 6, 2021
Mortgage interest rates are up once again, with the average rate for a 30-year fixed-rate mortgage at 3.625% this morning. Refinance loan rates were also higher, with the average 30-year refinance rate moving up to 3.772%. Almost all other ...
Home-Price Growth Slows for the First Time Since May 2020
The numbers: Home-price growth is slowing Home-price appreciation occurred at a slower pace in September, according to a major price barometer released Tuesday, suggesting the market is cooling after over a year of frenzied sales. The...
Market Statistics: October 2021
View Homes Sales Report Here View the Press Release Here
Mortgage Rates Fall Below 3% Again—but Rising Prices Mean That Home Buyers Shouldn’t Expect Savings
Home buyers are seeing a break from rising mortgage rates as the bond market finds its equilibrium, but that doesn’t mean most Americans will save money when they purchase property. The 30-year fixed-rate mortgage averaged 2.98% for th...
Fairfax officials go high-tech in reporting developments in Tysons
Development continues apace in Tysons, and Fairfax County officials have supplanted their previous 200-page printed annual report with an interactive, electronic version to keep the public informed of the latest happenings. The new Web-b...