November 9, 2022

What’s Ahead for Mortgage Rates and Home Prices?

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible. Mortgage Rates Will Continue To Respond to Inflation There’s no doubt mortgage...

Wednesday Update: Seattle’s Eastside Residential Market Update for the week of 11/09/22

Wednesday Update: Seattle's Eastside Residential Market Update for the week of 11/09/22 MARKET RECAP:  INTEREST RATES: In spite of the Fed's raising short term rates last week by 0.75%, the 30 year fixed rate only moved up slightly. As of today, 30 year fixed rates are at 7.21% THE MARKET:  The median closed sales price has held steady from August to October at $1,350,000. This is...