The benchmark 10-year U.S. Treasury yield crossed 5% on Monday, a threshold it had not breached since October 2023, adding another jolt to mortgage pricing just one day before the Federal Reserve begins a two-day policy meeting. The move matters immediately to the...
Consumer prices rose 0.4% in August as energy costs jumped and shelter inflation accelerated. For a housing market already dealing with mortgage rates around 7%, the bond market’s reaction may be the bigger story. Homebuyers looking for relief from mortgage rates...
The national housing market may be losing momentum, but buyers aren’t disappearing everywhere. They are concentrating. New Realtor.com Economic Research released Tuesday shows that the country’s most competitive housing markets remain clustered almost...
A fintech company has raised $125 million around a simple but revealing premise: Americans may be able to afford their housing payment, but they increasingly struggle with when that payment comes due. Split Pay, formerly known as Rent App, has raised approximately...
We use the term “affordable housing” constantly in this industry. I use it. WRE News uses it. Developers, elected officials, housing agencies and advocates all use it. The problem is that two apartments can both legally and accurately be described as affordable...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
