Home shoppers have been so put off by elevated home prices and mortgage rates that buying sentiment has hit an all-time low, Fannie Mae FNMA, +1.03% said. The agency on Read more
Tag: homebuying
Mortgage rates surge to the highest level since April 2002. ‘The next several months will undoubtedly be important for the economy and the housing market.’
The numbers: U.S. mortgage rates have resumed their journey upwards, hitting a 20-year high. The 30-year fixed-rate mortgage averaged 6.92% as of October 13, according to data released by Freddie Read more
Mortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing them to wait to refinance or buy a home. With rates doubling from where they Read more
More people are looking to move cities in search of cheaper housing, Redfin report says
New user data from Redfin reveals that a record share of users were looking to move from one city to another in July, many in search of cheaper housing. Home Read more
Rents are hitting new highs, but renting is still cheaper than owning. Here’s why.
Rents are hitting new highs, but renting is still mostly more affordable than owning a home in most big cities, according to a new report. The national median rent rose Read more
The typical S&P 500 CEO made 324 times more than the median-paid worker last year and the case for 0% interest student loans instead of cancellation
Hi, MarketWatchers. Don’t miss these top stories. 60 million Americans are set for 100-degree weather — but not everyone will feel the heat equally The way a person experiences extreme Read more
Redfin stock dives after downgrade by long-time bull, downbeat home-buying deals data
Shares of Redfin Corp. took a dive Monday, after Wedbush backed away from its long-time bullish stance, just as the online real estate services company revealed data showing that home Read more