- Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 yearson June 22, 2022 at 12:32 pm
Mortgage rates surged to the highest level since 2008, but more buyers applied for loans, perhaps concerned rates would move even higher.
- Sales of existing homes fell in May, and more declines are expectedon June 21, 2022 at 2:52 pm
Sales of existing homes in May fell 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors.
- Here’s why this housing downturn is nothing like the last oneon June 20, 2022 at 12:00 pm
The housing market has cooled off a bit after an incredibly hot stretch fueled by the pandemic. That doesn’t mean it’s about to be 2007 all over again.
- ‘I can’t win in this market’: Why LGBTQ homebuyers say mortgage rates are hitting them especially hardon June 19, 2022 at 12:53 pm
The rapid rise in home prices, followed by a spike in mortgage rates, is particularly impactful for LGBTQ homebuyers.
- 43% of homeowners have delayed home improvements and maintenance due to inflation. Here’s why that’s riskyon June 17, 2022 at 9:57 pm
If inflation is squeezing your budget, there are steps you can take as a homeowner to help avoid costly fixes.
- China’s property troubles have pushed one debt indicator above levels seen in the financial crisison June 17, 2022 at 6:47 am
A measure of risk levels for Asia debt surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers, Moody’s said.
- Millennial millionaires are delaying home, car purchases due to inflationon June 16, 2022 at 10:44 pm
Nearly half of millennial millionaires say higher borrowing costs are causing them to delay buying a car, and 44% say higher interest rates have caused them to delay purchasing a home.
- Homebuilder sentiment drops to lowest level in two years as housing demand slowson June 15, 2022 at 10:33 pm
Builder sentiment is getting hit by higher interest rates, which are causing a slowdown in housing demand.
- Here’s what the Federal Reserve’s 0.75 percentage point rate hike — the highest in 28 years — means for youon June 15, 2022 at 10:18 pm
The Fed announced its highest rate hike in 28 years to fight inflation. Here’s how that impacts your credit card, mortgage, car loan, student debt and savings.
- Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higheron June 15, 2022 at 12:21 pm
Sharply rising interest rates are decimating refinance volume, and those rates, along with sky-high home prices, are hitting demand from buyers.
