Why the housing market should brace for double-digit mortgage rates in 2023
admin Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon,…
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U.S. existing-home sales fall again as housing downturn gathers steam
The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71…
Read MoreU.S. existing-home sales fall again as housing downturn gathers steam
The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71…
Read MoreU.S. housing starts retreat in September, dragging down U.S. growth
The numbers: Construction on new U.S. homes fell a seasonally adjusted 8.1% in September to…
Read MoreU.S. housing starts retreat in September, dragging down U.S. growth
The numbers: Construction on new U.S. homes fell a seasonally adjusted 8.1% in September to…
Read MoreAdjustable-rate mortgage applications rise to highest level since March 2008, while applications fall overall
The numbers: Mortgage applications fell 4.5% this week, as higher mortgage rates dragged down the…
Read MoreMortgage 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…
Read MoreYour portfolio needs diversification. Here’s the best way to go about it in these volatile times and mortgage applications fall as rates rise to the highest level in 16 years
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Read MoreHow the 55% plunge in mortgage originations is hitting nonbanks: Fitch
Major U.S. banks already have been cutting staff and operations related to mortgage originations as…
Read MoreShort-term rentals ‘gobbled up’ homes, worsening housing supply, Philly Fed president says. But Airbnb pushes back, saying it’s too easy an explanation.
Short-term rentals are partly to blame for the shortage of homes on the market, a…
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