The contract rate on a 30-year mortgage rose 12 basis points to 6.97% in the week ended Sept. 11, according to Mortgage Bankers Association data released Wednesday.

There are perhaps no other Fed announcements in recent memory worthy of more anticipation than the one we'll get today. While some of the recent data could be used to argue patience, far more data suggests a hike. The market agrees based on recent moves in yields and Fed Funds Futures. The question

Key takeaways: It’s a good time to sell your house if you price correctly and are open to negotiation.  There are 58% more home sellers than buyers in the market, giving buyers a strong advantage. Mortgage rates continue to climb as tensions in the Middle East push inflation and economic concerns hi