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Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
Finance
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
By Alena BotrosSeptember 19, 2024
A street sign for "Riley Real Estate & Home Mortgage" displays current mortgage rates. The rates listed are 5.375% for a 30-year fixed conventional loan up to $1,089,300, 4.50% for a 15-year fixed conventional loan up to $1,089,300, and 6.50% for a 30-year fixed jumbo loan ranging from $1,089,300 to $5,000,000. The sign also includes information about other services such as interest-only loans, bank statement loans, DSCR loans, adjustable-rate mortgages, HELOC, VA loans, and FHA loans, with a contact phone number at the bottom.
Finance
Mortgage rates hit lowest level since Feb 2023
By Alex Perry and BloombergSeptember 19, 2024
A triple threat stalks the housing market as rates, costs, and election anxiety collide
Finance
A triple threat stalks the housing market as rates, costs, and election anxiety collide
By Alena BotrosSeptember 18, 2024
Diane Swonk, chief economist and managing director at KPMG LLP, during a panel on the outlook of the US election during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Wednesday, Feb. 14, 2024. The theme of this year's annual meeting is "Navigating Geopolitical Turbulence and Domestic Uncertainty." Photographer: Graeme Sloan/Bloomberg via Getty Images
Finance
Lower mortgage rates aren’t igniting the housing market. There are 2 key reasons why, top economist says
By Alena BotrosSeptember 16, 2024
Home prices almost never go down
Finance
Home prices almost never go down
By Alena BotrosSeptember 13, 2024
Half of all households in the country can’t afford a normal starter home
Finance
Half of all households in the country can’t afford a normal starter home
By Alena BotrosAugust 30, 2024
A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says
Finance
A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says
By Alena BotrosAugust 29, 2024
U.S. homes aren’t just more expensive. They’re also getting smaller
Finance
U.S. homes aren’t just more expensive. They’re also getting smaller
By Alena BotrosAugust 28, 2024
It’s getting easier to find a starter home but harder to buy one
Finance
It’s getting easier to find a starter home but harder to buy one
By Alena BotrosAugust 27, 2024
man unloading boxes from van
Finance
The outlook for home prices has zig zagged dramatically again
By Jason MaAugust 25, 2024
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, former Obama advisor says
Finance
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, former Obama advisor says
By Alena BotrosAugust 21, 2024
Almost 1 in 10 homes are worth $1 million or more
Finance
Almost 1 in 10 homes are worth $1 million or more
By Alena BotrosAugust 16, 2024
Barbara Corcoran: Buy a home now; don’t wait for a Fed rate cut
Finance
Barbara Corcoran: Buy a home now; don’t wait for a Fed rate cut
By Alena BotrosAugust 15, 2024
We’re close to a 6% mortgage rate reality, but it isn’t enough to jump-start the housing market
Finance
We’re close to a 6% mortgage rate reality, but it isn’t enough to jump-start the housing market
By Alena BotrosAugust 14, 2024
People can’t afford to move out West, and top analysts are explaining why
Finance
People can’t afford to move out West, and top analysts are explaining why
By Alena BotrosAugust 9, 2024
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