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Mortgage rate waiting game means buyers gained more than $20,000 in purchasing power
FinanceMortgage rate waiting game means buyers gained more than $20,000 in purchasing power
By Alena BotrosJuly 15, 2024
Investors scooped up close to 15% of homes sold in first quarter—‘a bigger piece of the pie than in any other’
FinanceInvestors scooped up close to 15% of homes sold in first quarter—‘a bigger piece of the pie than in any other’
By Alena BotrosJuly 11, 2024
Top economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
FinanceTop economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
By Alena BotrosJuly 10, 2024
Jerome Powell
FinanceFed Chair Jerome Powell warns: Inflation isn’t ‘the only risk we face’
By Craig Torres and BloombergJuly 9, 2024
If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says 
FinanceIf mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says 
By Alena BotrosJuly 5, 2024
30-year mortgage rate climbs to just under 7%, pushing up borrowing costs for the first time since May
Personal Finance30-year mortgage rate climbs to just under 7%, pushing up borrowing costs for the first time since May
By Alex Veiga and The Associated PressJuly 4, 2024
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
FinanceWe’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
By Alena BotrosJuly 3, 2024
Mature couple hugging in front of modern home.
FinanceHomeowners are sitting on a record amount of equity, driving a shift toward more expensive homes, top economist says 
By Alena BotrosJuly 1, 2024
Model house locked with chain
FinanceThe housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says
By Jason MaJune 29, 2024
Robert Reffkin, founder and chief executive officer of Urban Compass Inc
FinanceThe magic mortgage rate is anything below 6%, top real estate CEO says
By Alena BotrosJune 24, 2024
Will Trump’s economic policies really cause ‘the mother of all stagflations’? Here’s what experts say
FinanceWill Trump’s economic policies really cause ‘the mother of all stagflations’? Here’s what experts say
By Will DanielJune 22, 2024
Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
FinanceSay goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
By Alena BotrosJune 21, 2024
The ‘affordability crisis’ has long plagued renters—but now it’s coming for homeowners
FinanceThe ‘affordability crisis’ has long plagued renters—but now it’s coming for homeowners
By Alena BotrosJune 20, 2024
Home prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers
FinanceHome prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers
By Alena BotrosJune 18, 2024
This mortgage rate statistic impacting more than half of American borrowers shows why sellers are hopelessly locked in
FinanceThis mortgage rate statistic impacting more than half of American borrowers shows why sellers are hopelessly locked in
By Alena BotrosJune 17, 2024
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