MN mortgage rates Tag

Minnesota real estate weekly update   This is Jeff Anderson’s Minnesota real estate weekly update for May 5th, 2024. We have lots to talk about.   We review the real estate facts and future trends.   The trends of our real estate market   Our spring real estate season is here, and we...

Are interest rates going down this year?   The inflation news that came out this last week was not what we were hoping for to lower interest rates. The goal of the Federal reserve is a 2% annual inflation goal. Right now, consumers are spending more than...

Minnesota real estate weekly update   This is Jeff Anderson’s Minnesota real estate weekly update for March 30th, 2024. We have lots to talk about.   We review the real estate facts and future trends   The trends of our real estate market   Our spring real estate season is here, and we...

An update on Minnesota mortgage interest rates   The interest rates have been slowly decreasing over the last few months from a high of 8 percent. But US mortgage rates jumped higher today following news of strong employment and inflation reports. The 30-year fixed-rate mortgage averaged 6.77% in...

Minnesota real estate weekly update   This is the Minnesota real estate weekly update for June 25th, 2023. Our Minnesota real estate market is predicted to appreciate 5.6% in 2023. Our spring market is here, and we are seeing a “bump” in prices. We are also seeing...

What is happening right now with mortgage rates?   I have mentioned before that the market determines mortgage rates and while it is influenced by the Federal Reserve and their fiscal policies it does not necessarily go hand and hand. The Federal Reserve has continued to raise interest...

An update on inflation and interest rates   Today we had unexpectedly strong inflation data and a drop in weekly jobless claims. This news will pressure the Federal Reserve to continue to raise interest rates to reduce inflation.   The labor market today released producer prices and they increased...