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Home prices around the US are being cut at a faster pace as inventory piles up
Business Insider· 5 hours agoUS Home prices are falling faster as sellers try to entice buyers fatigued by high mortgage rates....
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...
Existing-home sales drop even as prices hit all-time high: NAR - HousingWire
HousingWire· 2 hours agoLow levels of for-sale inventory, high mortgage rates, and record-high home prices continue to hamper existing-home sales. According ...
Mortgage rates today, June 20, 2024: Expect rate drops in September at the earliest
Yahoo Personal Finance· 1 day agoFor example, if you get a 30-year mortgage with a 6.75% interest rate, your rate will stay at 6.75%...
Home prices hit record high in May
The Hill· 4 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...
Home Prices Hit Record as Sales Slide. They’re Not Unrelated.
Barrons.com· 4 hours agoOver 90% of homeowners with mortgages have rates below 7%, ICE Mortgage Technology data show. The...
Alabama home sales, availability up for fourth consecutive month as mortgage rates decline
Birmingham News· 5 hours agoSales and prices are still down sharply from a year ago.
Average long-term US mortgage rate falls again, easing to lowest level since early April
The Virginian-Pilot· 1 day agoHome loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined...
Existing-home sales dip, but prices hit new all-time high
Bankrate via Yahoo Finance· 4 hours agoThe annual pace of home sales slowed in May to 4.11 million. High mortgage rates certainly...
Home Sales Fell Less Than Expected in May
The Wall Street Journal· 5 hours agoSales of previously owned homes fell for a third straight month, as mortgage rates of around 7% have made home purchases unaffordable for many. Spring is...