Source: The Ascent — These days, inflation is driving living costs upward across the board, and that’s put a strain on a lot of people, homeowners included. And so if you’re having difficulty keeping up with your mortgage payments, you’re no...
Source: CNN Business — Washington, DCCNN — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure on the housing market that pushed mortgage rates above 7% for the first time since 2002....
Source: Yahoo! Finance — Buying your first home involves a certain amount of strategy. Trying to time your purchase based on the market’s ups and downs can sometimes feel like a game. But over the last few months, that game has been far less fun for hopeful...
Source: Yahoo! Finance — Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes,...
Source: realtor.com — When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-,...
Hits and Misses for the Real Estate Week of March 23-27
