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”...
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...
Housing Doesn’t Need Another Prediction. It Needs People Who Can Solv…
