Where Are Mortgage Rates Heading? ETFs to Consider
After being on a downward trend, falling from 7.22% in May to 6.09% in mid-September, the 30-year mortgage rate reversed course, rising sharply to 6.79% in early November. This discouraged home buyers...
Is Housing Market Improving on Lower Mortgage Rates? ETFs to Consider
While the 30-year mortgage rate has improved and is again on a downward trajectory, it is crucial to acknowledge that it is still relatively high. However, mortgage rates are currently at 6.08% (as of...
Time for Homebuilder ETFs as Mortgage Rates Fall?
According to Freddie Mac, for the week ending Sept. 12, the 30-year fixed-rate mortgage slipped to its lowest level since February 2023. The rate on the 30-year loan averaged 6.2%, down from the four-week...