These 5 charts show the depth and seriousness of the U.S. housing downturn. Expect a ‘further weakening in demand.’
admin The U.S. housing market has been pushed into a recession, helped by pandemic-era prices and…
Read Moremortgagerates
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as…
Read MoreMortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as…
Read MoreMortgage applications fall to the lowest pace in 25 years in latest week
The numbers: A surge in mortgage rates, and evacuations due to Hurricane Ian, both seriously…
Read MoreMortgage applications fall to the lowest pace in 25 years in latest week
The numbers: A surge in mortgage rates, and evacuations due to Hurricane Ian, both seriously…
Read MoreHome prices fell in August from July, CoreLogic says. These are the top 5 markets at risk of steep declines.
Home-price growth has slowed for the fourth month in a row, as the housing market…
Read MoreThe ‘demoralizing’ process of buying a home in this unpredictable housing market. One home had 30 offers — and sold for $85,000 above asking.
First, they had to battle the pandemic-induced buying frenzy. Now, potential home buyers are struggling…
Read MoreMortgage rates march toward 7%, reaching highest level since 2007
The numbers: Mortgage rates continue to march toward 7%, putting pressure on people looking to…
Read MoreMortgage rates march towards 7%, reaching highest level since 2007
The numbers: Mortgage rates continue to march towards 7%, continuing to pressure potential homeowners looking…
Read MoreLeading indicator of U.S. home sales weakens for third straight month
The numbers: U.S. pending-home sales fell 2% in August, for the third straight monthly drop,…
Read More