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A Record Number of Americans Are Spending More on Housing Than They Can Afford
The San Luis Obispo Tribune· 6 hours agoRecord numbers of homeowners and renters are spending more than they can afford on housing, according to Harvard researchers. In 2022, half of U.S. renters were putting at least 30& ...
Weekly Mortgage Rates Trend Lower; Report Reveals Housing Strain - NerdWallet
Nerdwallet· 4 days agoMortgage rates continued slipping downward this week, in the absence of any major market movements...
Some homebuyers are beating high interest rates with 1980s-era assumable mortgages
Star Tribune (Minneapolis) via Yahoo Finance· 4 days agoLast year, after Deb Jerikovsky's husband died, she decided to swap the lake home where they planned...
Mortgage rates may fall soon if Treasury bond yields keep dropping - Marketplace
Marketplace· 6 days agoThe yield on long-term debt — to wit, the 10-year U.S. Treasury note — continued its slow march...
Should I go into debt to fix up my home? High interest rates put owners in a bind
USA TODAY via Yahoo Finance· 4 days agoBy one industry rule of thumb, you should try to set aside enough money every year to cover 1% to 4%...
U.S. home prices hit record high, average mortgage double what it was in 2020
Deseret News via Yahoo Finance· 3 days agoThe average interest rate on a 30-year fixed rate mortgage stands at 6.87%, according to the latest...
Existing-home sales dip, but prices hit new all-time high
Bankrate via Yahoo Finance· 3 days agoEven so, it represents only a 3.7-month supply, which is still short of the...six months typically...
US home sales fall for the 3rd straight month in May amid risingmortgage rates, record-high prices
Associated Press· 3 days agoSales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage...
Home prices hit record high in May as sales stall
CNBC· 3 days agoSales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates ...
How Homeownership Became an American Fantasy
Bloomberg via Yahoo News· 4 days ago(Bloomberg) -- Never miss an episode. Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcasts.Most Read from...