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Housing Market Slumps as Mortgage Rates Top 7%
The Wall Street Journal· 3 hours agoU.S. ECONOMY Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing ...
New mortgage rate spike threatens California housing market
Newsweek· 2 hours ago"As rates...statement. In California, one of the most expensive housing markets in the country,...
US labor market stays resilient; housing regresses on higher mortgage rates
Reuters via Yahoo Finance· 11 hours agoThe number of Americans filing new claims for unemployment benefits was unchanged at a low level...
High mortgage rates, low inventory lead to 7.4% drop in home sales in Massachusetts
CBS News· 2 hours agoHigh mortgages rates, high prices and low inventory are making homes tough to sell in Massachusetts....
Mortgage rates surpass 7% while home prices show no signs of declining
Yahoo Finance via AOL· 5 hours ago(Credit: ...refinance demand stemmed from government loan applicants eager to snag a lower rate....
Record mortgage rates in 2024 put a damper on prime housing season
Deseret News via Yahoo Finance· 4 hours agoMonday’s 30-year fixed-rate mortgage was 7.44%, not far from the 7.79% peak in October...Thursday...
Average long-term US mortgage rate climbs above 7% to highest level since late November - WTOP News
WTOP Washington· 8 hours agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
MSN News· 4 hours agoLOS ANGELES (AP) — The spring homebuying season is off to a sluggish start as home shoppers contend...
With mortgage rate topping 7%, what will it take to soften the market?
Orange County Register· 5 hours agoMortgage rates have exploded, again. Last week, the Freddie Mac 30-year fixed was 6.88%. Just a week...
Elevated mortgage rates, home prices harm affordability: Redfin - HousingWire
HousingWire· 6 hours agoThe median monthly housing payment for U.S. homebuyers rose to a record $2,775 during...Redfin...
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