Source: Los Angeles Times — In October, mortgage interest rates topped 7% for the first time in two decades, the latest milestone reached this year amid a surge in borrowing costs. But potential home buyers may have noticed something different recently: Rates...
Source: Newsweek — Housing inventory in the U.S. decreased between October and November this year, underscoring a housing shortage that some experts believe is helping to keep soaring prices from dramatically plummeting. The National Association of Realtors...
Source: CNBC — Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the...
Source: Yahoo! News — National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the state of the housing market, home builder sentiment, inflation, Fed interest rate hikes, a housing recession, and the outlook for the housing...
Source: New York Times — As prices rise, higher mortgage payments follow, and after nearly three years of rapid home appreciation during the pandemic, qualifying for a home loan is more difficult than ever. Today’s buyers also face the additional cost of rising...
Source: Fortune — Nationally, home prices rose for 124 consecutive months between February 2012 and June 2022. Now we’re in reverse: Through September, the seasonally adjusted Case-Shiller National Home Price Index has posted three consecutive monthly declines....
Former Arizona Shopping Center Site to Become Affordable Housing Complex
