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Homebuyers are finally feeling relief now that soaring mortgage rates have reversed and monthly payments are at their lowest level in 8 months
Finance
Homebuyers are finally feeling relief now that soaring mortgage rates have reversed and monthly payments are at their lowest level in 8 months
By Alena BotrosDecember 14, 2023
Refinancing is making its comeback as mortgage rates drop to 7%.
Finance
Homeowners, get ready to date the rate. Refinancing is making its comeback as mortgage rates drop to 7%
By Sydney LakeDecember 13, 2023
Mortgage costs are so expensive some home sellers have no choice but to cut prices, and an ‘unseasonably high’ 22% are doing so, Zillow says
Finance
Mortgage costs are so expensive some home sellers have no choice but to cut prices, and an ‘unseasonably high’ 22% are doing so, Zillow says
By Alena BotrosDecember 12, 2023
Capital Economics predicts a continued drop in mortgage rates and an uptick in mortgage applications.
Finance
It’s ‘extremely likely’ we’ve seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to recover
By Sydney LakeDecember 6, 2023
Home prices will fall for the first time since 2012, Redfin’s chief economist predicts. Here’s why they will still be ‘out of reach’ for many buyers
Finance
Home prices will fall for the first time since 2012, Redfin’s chief economist predicts. Here’s why they will still be ‘out of reach’ for many buyers
By Alena BotrosDecember 6, 2023
Father and young son looking out a window
Finance
Older millennials are ‘feeling the hit’ in this housing market, BofA finds—and a lot of it has to do with student debt
By Alena BotrosDecember 4, 2023
Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024
Finance
Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024
By Alena BotrosDecember 1, 2023
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
Finance
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
By Sydney LakeNovember 30, 2023
The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’
Finance
The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’
By Alena BotrosNovember 28, 2023
Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years
Finance
Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years
By Alena BotrosNovember 21, 2023
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
Finance
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
By Will Daniel and Alena BotrosNovember 17, 2023
Husband and wife
Personal Finance
This couple was so miserable with a 2.5-hour super-commute, they took on an extra $1,200 monthly mortgage payment: ‘We’d do it again in a heartbeat’
By Alicia AdamczykNovember 14, 2023
Father and son
Personal Finance
Millennials are replaying their parents’ housing market journey as first-time buyers in their 30s flood into an unaffordable market
By Sydney LakeNovember 14, 2023
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 Sydney LakeNovember 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 Sydney LakeNovember 5, 2023
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