Freddie Mac survey shows average purchase mortgage rate at 4.67%, up 25 bps from the week prior. Central bank has signaled that it will raise interest rates another six times this year and several more in 2023. Mortgage Bankers Association survey found that while interest in refi mortgages fell 15% from the prior week, interest in purchase mortgages rose a modest 0.68%. National inventory of active listings declined by 18.9% over the last year in March, while the total inventory of unsold homes — including pending listings —declined by 12.5%, according to Realtor.com. In large metros, median listing prices grew by 9.1% compared to last year, on average, according to Hale. . . .
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