Mortgage Rates at 7.40%: What the Fed Does in 11 Days
Mortgage rates hit 7.40% for a second week, the highest since November 2023, with the Fed deciding again on October 28. What 7.40% costs you, where prices are falling, and my playbook.
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Mortgage Rates Hit 7.50%: 54 Cities Falling, No Crash Yet
Mortgage rates just hit 7.50%, the highest since April 2024. Stock Moe breaks down the Fed hike, what 7.50% costs you each month, the 54 cities already falling, and why this is a correction and not a crash yet.
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Housing Market Update: 7% Mortgages and Record Seller Concessions
The Fed hiked, the 30 year mortgage crossed 7%, and 44.7% of August home sales included a seller concession. Stock Moe breaks down what changed, why your home lost value in real terms, and the four numbers that prove this is not 2008.
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Mortgage Rates Hit 7.45%: What Changed and What It Costs You
The real time 30 year mortgage rate hit 7.45%, not the 7.03% headline. Stock Moe explains why it is a bond story, what the rate costs on a median home, which metros are falling and climbing, and what history says after a first Fed hike.
