[ad_1] The numbers: Mortgage rates rose in the first week of 2023, as mortgage applications sank to multi-decade lows. The 30-year fixed-rate mortgage averaged 6.48% as of Jan. 5, according…
[ad_1] The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct.…
[ad_1] The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 3 points to 46 in September, the trade group said on Monday. It’s the ninth month…
[ad_1] Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3%…
[ad_1] The housing market is in a recession, many economists say, but when will home prices come back down to earth? Soon, one economist says. With mortgage rates edging higher,…
[ad_1] The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one…
Mortgage rates inch up. ‘Homebuyers are waiting for rates to decrease more significantly,’ Freddie Mac says.
[ad_1] The numbers: Mortgage rates rose in the first week of 2023, as mortgage applications sank to multi-decade lows. The 30-year fixed-rate mortgage averaged 6.48% as of Jan. 5, according…
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
[ad_1] The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct.…
‘Prices ran wild the past two years’: Home builders say ‘housing recession shows no signs of abating’
[ad_1] The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 3 points to 46 in September, the trade group said on Monday. It’s the ninth month…
Home values in August saw their largest monthly decline since 2011. Some cities see house prices drop by 3%.
[ad_1] Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3%…
House prices will soon undergo a ‘correction,’ says Mark Zandi, chief economist at Moody’s Analytics — but not a ‘crash’
[ad_1] The housing market is in a recession, many economists say, but when will home prices come back down to earth? Soon, one economist says. With mortgage rates edging higher,…
‘Vulnerable time for the housing market’: Mortgage rates are now double what they were a year ago, and will weigh on house prices
[ad_1] The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one…