Source: Yahoo Finance — Two years in, this decade has already brought a global pandemic, record-setting inflation, rising interest rates and a country more divided than ever before. So why not a housing crash too? Americans who lived through the 2008 crisis may...
Source: Keeping Current Matters — Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this...
Source: Yahoo Finance — U.S. mortgage rates fell sharply and for the second straight week as monetary policies meant to slow the economy take hold of the housing market. The rate on the popular 30-year fixed mortgage hasn’t fallen this much since December 2008,...
Source: USA Today — Earlier this week, Freddie Mac reported that mortgage rates had fallen rapidly over the course of the week. The government-sponsored entity that buys mortgages on the secondary market tracks trends in mortgage rates. Its data showed that the...
Source: Redfin — Housing markets in northern California are cooling faster than anywhere else in the U.S. amid high mortgage rates and a faltering stock market. Five of the 10 U.S. housing markets that have cooled fastest this year are in northern...
Source: Washington Post — After a stunning rise in home prices enriched sellers and keyed up buyers 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 sale”...
Hits and Misses for the Real Estate Week of May 11-15
