Tag Archives: forecast

Is NOW A Good Time To Buy A House? | Housing Market 2022 Forecast

Is NOW A Good Time To Buy A House? | Housing Market 2022 Forecast Is it a bad time to buy a house? Are we heading towards a housing crash in 2022? These are some of the questions that many Americans have today. Between all time high prices and surging mortgage rates, it’s becoming more […]

Cost of living forecast to impact house price growth significantly

However, Knight Frank suggests its central case for house prices remains that a recession “will not get thrown into the mix”. The analysis follows the BoE’s decision to increase the base rate a further 25 basis points to 1%, marking the fourth rise since December 2021. The Monetary Policy Committee (MPC) projects inflation to rise to 9% […]

Mortgage forecast lowered as rates soar, refinancing falls

The nation’s mortgage bankers are scaling back their expectations for the year as rapidly rising rates make it even more expensive to buy a home. The Mortgage Bankers Association now calls for overall mortgage originations, which include refinancing loans, to total $2.58 trillion in 2022, a 35.5% decline from 2021. The previous forecast was for […]