Higher mortgage rates could mean a 'nobody's market' this spring
Mortgage interest rates climbed again this week, with the daily rate approach levels not seen since November.
February 23, 2023
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- Mutual of Omaha acquires Keller MortgageKeller Mortgage will continue to operate alongside existing divisions of Mutual of Omaha, with Gary Keller as co-owner.February 20, 2023
- Spring outlook still cloudy, but economists are cautiously optimisticAn upward trend in mortgage rates, after weeks of declines, has raised concerns about whether buyers will return. But pent-up demand may push them to act.February 18, 2023
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- Mortgage rates move in the wrong direction for would-be buyersInterest rates are up for the second week in a row, and signs point to further bumps. This could put a damper on the spring selling season.February 16, 2023
- Foreclosures creating ripples, but not wavesThe number of distressed properties remains well below pre-pandemic levels, thanks to a strong job market and federal moratoriums, but they're creeping up.February 16, 2023
- J. Lennox Scott is ready to grow: 'This is the start of the next 10-year cycle'Scott, chairman and CEO of John L. Scott Real Estate in the Pacific Northwest, said the market is poised to enter a new period of growth.February 16, 2023
- Zillow beats expectations with fourth quarter earnings resultsThe Seattle-based real estate giant reported revenue of $435 million, exceeding its estimate of $413 million.February 15, 2023
- Most new homes for sale are in an HOA — do buyers care?According to the U.S. Census, 82% of newly built homes sold in 2021 were a part of a homeowners association.February 15, 2023
- Realtor.com to amplify agent reviews through partnershipThe consumer portal is partnering with RateMyAgent, whose participating agents can boost their visibility to Realtor.com's 86 million monthly users.February 14, 2023
- For many NFL players, real estate is a career worth tacklingIn football, a competitive drive and strong work ethic are key to success. No wonder players turn to careers in real estate, which requires similar traits.February 10, 2023
- Mortgage rates up slightly following jobs report, Fed rate hikeVolatility may be the norm for the near future, but mortgage interest rates remain down significantly from their November peak.February 9, 2023
- 'Buy before you sell' gets easier with more lender optionsKnock has opened up its Home Swap program to allow any lender to participate.February 8, 2023
