Here’s why this housing downturn is nothing like the last one
The housing market has cooled off a bit after an incredibly hot stretch fueled by the pandemic. That doesn't mean
Read more
Mortgages
Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit
Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the
Read more
House hunting? Here’s when to increase your budget and when to stick to your original price
In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according
Read more
Scared of getting a mortgage? A strategist reveals the 1990s gadget that gives her cause to be optimistic
Invesco's Kristina Hooper recalls her own experience of buying a "starter home" as a newlywed in 1996. Source link
Read more
Homebuilder sentiment falls to 2-year low on declining demand and rising costs
"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer. Source link
Read more
Housing supply is finally improving, as high prices and rising rates weigh on sales
After one of the most severe housing shortages in history, the supply of homes for sale is finally starting to
Read more
Weekly mortgage demand rose for the first time since early March last week, but it won’t last
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the
Read more
Here’s how you can prepare if there’s a half point rate hike from the Fed
As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here's how to
Read more
Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009
Sharply rising mortgage rates caused mortgage demand to plunge and pushed more borrowers to riskier, adjustable-rate loans. Source link
Read more