Median home prices dropped for a seventh month in January, but mortgage rates climbed. That has pushed the average monthly payment up in most of the 50 largest metros.
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...
The tariffs are likely to hit smaller homebuilders with tighter margins harder, but big builders aren't immune.
Mortgage rates remain above 7%, but they are moving lower even after the Federal Reserve paused its rate-cutting cycle last ...
The Petersen family’s two-bedroom apartment in northern California is starting to feel small. Four-year-old Jerrik's toy ...
December and full-year 2024 figures released by ICE Mortgage Technology this week offer a mixed bill of health for America's ...
Key Takeaways Higher mortgage rates may help restore the imbalance between housing demand and inventories, said a recent report from San Francisco Fed.Growing demand for houses during the pandemic ...
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...
Yet, mortgage payments rose 50 years ago, too. Between 1971 and 1981 — also boosted by prices and rates — the typical monthly ...
Last year saw the softest home-price growth in more than 10 years, but the LA wildfires still made an impact on the U.S. housing market.
Petersen has done the math: With mortgage rates and home prices stubbornly high, there’s no way the couple, who make about $270,000 a year and pay about $2,500 in monthly rent, can afford a home ...