Newsfeed: Mortgage rates finally sink back below 5% — and home prices are cooling off too amid a market ‘reset’
U.S. mortgage rates are tumbling even after the Federal Reserve hiked its benchmark interest rate by 75 basis points last week.
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Newsfeed: I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now
Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here).
Newsfeed: Mortgage rates go flying with the highest jump since 1987 — and still housing prices may keep on rising
U.S. mortgage rates jumped more than half a percentage point this week, an increase not seen in decades and one sure to price even more Americans out of the housing market.
Newsfeed: Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability.