Triangle Real Estate | WRAL TechWire

Triangle Real Estate

Some realtors leaving real estate as Triangle home sales sag

For the first time in months, mortgage rates dropped below 7 percent. It’s just another indicator of where the economy is headed in 2024. This comes days after the Fed chose to keep interest rates steady. But, that number is still high. That’s why Triangle home sales have dropped 15.2% from...

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Mortgage rates are again rising as inflation concerns persist

By Anna Bahney, CNN Mortgage rates rose this week after four weeks of declines, as a stronger-than-expected jobs report suggested the Federal Reserve would continue hiking its benchmark lending rate in its battle against inflation. The 30-year fixed-rate mortgage averaged 6.12% in the week ending February 9, up from 6.09% the week...

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