Tag Archives: mortgage rates

Housing Market Is Recovering

Posted on October 27, 2025 by Popular Economics Weekly

The Mortgage Corner WASHINGTON (October 23, 2025) – Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data … Continue reading →

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The Housing Recovery–Part II

Posted on January 30, 2025 by Popular Economics Weekly

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading →

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Will Housing Recover?

Posted on December 24, 2024 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading →

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Housing Market In Recovery

Posted on October 16, 2024 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtor’s Chief Economist, Lawrence Yun, commented on the latest and possibly best unemployment report of 2024. We are at the beginning of the next housing recovery. It’s no secret why; interest rates are … Continue reading →

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How Do We Solve It?

Posted on June 21, 2024 by Popular Economics Weekly

The Mortgage Corner I speak of the housing shortage, as much as 2 million residential units—owner-occupied and rental units—according to housing economists. What is to be done with mortgage rates at historic highs and material shortages everywhere? Much of it … Continue reading →

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New Home Sales Boost Housing Market

Posted on March 25, 2024 by Popular Economics Weekly

The Mortgage Corner The sale of new homes is boosting housing and the economy at a very opportune time—the beginning of a New Year when it’s still uncertain when the Fed will begin to cut their interest rates. This is … Continue reading →

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Another Housing Recession?

Posted on February 22, 2024 by Popular Economics Weekly

The Mortgage Corner The 30-year conforming fixed rate has again risen above 7 percent in just one month, and the effect is immediate. Housing construction has slowed once again, in spite of the severe housing shortage. Construction is 14.8 percent … Continue reading →

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Housing Recession Over?

Posted on January 19, 2024 by Popular Economics Weekly

The Mortgage Corner Is the housing recession over? The conforming 30-year fixed rate dropped to 6.60 percent this week, according to Freddie Mac. The fixed 30-year mortgage rate rose to its maximum 7.8 percent in October 2023 before gradually descending … Continue reading →

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How Low Can Interest Rates Go?

Posted on December 18, 2023 by Popular Economics Weekly

The Mortgage Corner Stocks and bonds are rallying after Chairman Powell sounded dovish for the first time at his December press conference following their last FOMC meeting of the year. “The question of when it will be appropriate to begin … Continue reading →

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Please Drop Interest Rates Sooner!

Posted on December 12, 2023 by Popular Economics Weekly

Financial FAQs If I were the Fed Governors, I wouldn’t wait for inflation to drop further to begin lowering interest rates. The inflation rate has been falling steadily for more than a year and we might be in the midst of a … Continue reading →

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