Housing crash coming? Here’s where there is stability in the Triangle real estate market
Even as data shows median price fell in August and mortgage rates are rising, this segment of the Triangle real estate market will remain stable.
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interest rates
The Fed could crash the housing market
Home sales are slipping, while prices are holding steady. And some economists warn more interest rate hikes by the Fed could risk crashing the housing market.
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Mortgage rates hit highest levels since 2008 – but don’t expect a crash in Triangle home market
Mortgage rates as of today are at the highest levels since 2008, according to the latest data. Here’s what that means for Triangle homebuyers.
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These four factors are changing the real estate market in the Triangle
Since the beginning of the year, there have been four contributing factors that have now resulted in a changing real estate market in the Triangle.
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Good news for home buyers: Mortgage rates drop below 5%
Mortgage rates fell below 5% this week, according to the latest data from Freddie Mac on typical average rates for a 30-year fixed mortgage.
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Fed hikes interest rates by 75-basis points – for second month in a row
The Federal Reserve has voted to approve another interest rate increase. Interest rates will move by 75 basis points – for the second month in a row.
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The strong US jobs report may mean more interest rate hikes coming, UNC professor says
The U.S. economy added 372,000 jobs, more than many expected. And with a strong labor market, the Fed may be able to act more aggressively to curb inflation.
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Home prices ran hot in April – but has the market changed since?
New data on the U.S. housing market shows that home prices were still on the rise in April. But is the housing market changing?
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Rate hikes won’t solve high prices for gas, food, Fed Chair concedes
The chairman of the Federal Reserve spoke at a Senate Banking Committee earlier today, conceding that interest rates won’t decrease gas or food prices.
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