Source: Fox 10 Phoenix — LOS ANGELES – During the height of the COVID-19 pandemic, the Federal Reserve kept interest rates historically low, and this meant a home buyer could borrow money at an incredibly low rate. Now, experts say the housing market...
Source: Axios — The housing market has returned to earth. Home sellers can’t just name a price and expect buyers to pay; meanwhile over a trillion dollars in wealth in the form of home equity has evaporated. Why it matters: Think of this less as a crash...
Source: CNN Business — In case you needed more evidence of how much home prices have skyrocketed: Even as the housing market was cooling over the summer, prices still rose in 98% of US markets, according to a new report. From July through September, home prices...
Source: FT Adviser — The mortgage industry has a role to play in combatting climate change and reducing people’s energy bills, yet the vast majority of borrowers do not understand green mortgage products, research suggests. A survey from the Mortgage...
Source: Forbes — TOPLINE Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing...
Source: ABC 10 News — According to the American Enterprise Institute’s Housing Center, home prices are finally declining after 10 years of a seller’s market. The drop is the result of a marked increase in interest rates and constant quality home price...
