Source: NY Times — After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly? This spring should have been a busy time for home sellers. Instead, the season was a dud, stalled by a dramatic spike in...
Source: Marketwatch — Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a...
Source: The Washington Post — After a stunning rise in home prices enriched sellers and keyed upbuyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. “For...
Source: MarketWatch — Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a...
Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Fox Business — Mortgage applications have fallen for a second consecutive week as homebuyers’ fears of a potential recession continue to grow. For the week ending July 1, the Mortgage Bankers Association reported a 5.4% decrease in mortgage...
Mortgage Applications Fall Again as 30-Year Rate Climbs to 6.97%
