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Millennials are hungry for homes, but high rates are keeping them from buying
Denver Post· 3 hours agoIt turned out to be more of the same. Mortgage markets remain elevated,” she said at NAREE. Rates...
May U.S. Housing Starts & Permits Decline Amid High Rates
Zacks via Yahoo Finance· 2 hours agoThe homebuilding industry is reeling under the impact of rising mortgage rates and escalating...
Home prices jump to record high, widening the divide in the housing market between current owners...
Fortune· 24 minutes agoContract closings decreased 0.7% from a month earlier to a 4.11 million annualized rate, driven entirely by a decline in the South, according to National Association of Realtors ...
US Existing Home Sales Fall As Prices Hit Record
International Business Times· 2 hours agoSales of previously owned homes fell by 0.7 percent from a month earlier to a seasonally adjusted annual rate of 4.11 million, the National Association...
Home prices around the US are being cut at a faster pace as inventory piles up
Business Insider via Yahoo News· 5 hours agoAccording to Redfin data, home sales slumped to one of the lowest levels on record in May, largely...
Mortgage rates decline for third straight week
Fox Business via AOL· 1 day agoMortgage rates have fallen for the third consecutive week according to the latest Freddie Mac data, which showed rates for the 30-year fixed-rate note...
New Home Construction Slows as Mortgage Rates Remain High
New York Times· 24 hours agoGovernment data released on Thursday showed that new-home construction, or housing starts, fell 5.5...
Home prices hit record high in May
The Hill· 3 hours agoThe National Association of Realtors noted that the mortgage payment for a typical home today is more than double what it was five years ago, a jump...
Current mortgage rates as of June 21, 2024
Fortune· 3 hours agoThe average interest rate, per the most current data available as of this writing, is 6.850%. What exactly is a “jumbo mortgage” or “jumbo loan”? Fannie ...
Mortgage rates have dipped below 7% — providing home buyers some much-needed relief
Business Insider via Yahoo Finance· 2 days agoFor mortgage rates to keep falling, inflation will likely have to cool further. One key part of...