Author Archives: leonardrealestategroup

Fannie Mae Continues to Forecast 2023 Recession According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and continues to predict an official … Read More

Mortgage Rates Surge, Hitting Highest Point Since October 2008 The Freddie Mac fixed rate for a 30-year loan surged this week hitting 6.29% – the highest level since October 2008. This builds on the upward momentum of the past 5 … Read More

The Best Time to Buy a Home Since the start of the pandemic, homes have been in high demand leading to intense competition, rapidly depleting inventory, soaring prices and a breakneck market pace. Buyers flocked to areas that offered spacious … Read More