mortgage rates

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Nearly 7% of for-sale homes in the U.S. posted a price drop during the four weeks ending Oct. 29, which is the highest portion since Redfin started tracking this data in 2012.
Personal Finance

The housing market is starting to crack—Sellers are cutting prices at record levels as ‘You can no longer price based off of where sales were’

By
November 6, 2023
The typical couple receives 32% more for a honeymoon fund, with an average of $767, compared with a new home fund average of $556, Esther Lee, deputy editor of The Knot, tells Fortune.
Personal Finance

Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico

By
November 5, 2023
Jerome Powell
Finance

Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers

By Will Daniel and Irina Ivanova
November 3, 2023
Photo of a young man looking seriously at a financial statement
Personal Finance

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

By
November 1, 2023
Artistic rendering of a row of townhouses
Finance

The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates

By
October 30, 2023
Builders are offering major incentives for buyers otherwise locked out of the housing market.
Finance

While some homebuyers pay 8% mortgage rates, others are wrangling steep discounts—and it’s creating a surprising surge in new home sales

By
October 27, 2023
Capital Economics expects mortgage rates to stay above 6% through 2025.
Finance

The mortgage rate shock hitting the housing market has years left to run, Capital Economics says

By
October 26, 2023
Home for sale
Finance

Mortgage rates have now risen on average for 7 straight weeks

By
October 26, 2023
An older man and a younger man are sitting on sofa together
Finance

Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except millennials’

By
October 26, 2023
A TikTok trend says homeowners can save $80,000-plus with this mortgage hack. But is it too good to be true?
Personal Finance

Influencers want to hack your high mortgage rates for a new car or an extra vacation. ‘This can be a great strategy,’ housing market expert says—but only if you can really budget for it

By
October 25, 2023
Person on phone
Personal Finance

It’s 52% more expensive to buy than rent in this housing market, and shoppers are pulling out of contracted offers left and right

By
October 24, 2023
Goldman just dropped a housing market forecast for 2024 and sees high home prices, high mortgage rates—and the lowest number of existing home sales since the early ’90s
Finance

Goldman just dropped a housing market forecast for 2024 and sees high home prices, high mortgage rates—and the lowest number of existing home sales since the early ’90s

By
October 24, 2023
Winter came early to the housing market as buyers face a frozen, unaffordable market.
Finance

The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in 

By
October 20, 2023
Morgan Stanley reverses course on the housing market, seeing a lot more pain ahead for homebuyers
Finance

Morgan Stanley reverses course on the housing market, seeing a lot more pain ahead for homebuyers

By
October 19, 2023
Boomer, millennial
Finance

It’s official: The housing market is turning millennials into their parents. A Fortune 500 economist says it’s a déjà vu market that is replaying the 1980s

By Will Daniel and Sydney Lake
October 19, 2023

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