Rising mortgage rates cause more home sellers to lower asking prices
Several new reports from real estate companies suggest buyers may be starting to get a break in this red-hot housing market. More listings are coming...
Mortgage refinance demand plunges 60%, as rates hit their highest level since 2018
Mortgage rates took another jump higher last week, taking their toll on current borrowers who might have wanted to refinance. Demand from homebuyers, however, appears...
Mortgage refinance demand plunges 14%, as interest rates spike higher
A sharp increase in mortgage interest rates is taking its toll on loan demand, especially refinances. Total mortgage application volume fell 8.1% last week compared...
Mortgage rates are surging faster than expected, economists lower home sales forecasts
A home is offered for sale on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images The average rate on the popular 30-year...
Mortgage demand falls as interest rates surge to multiyear highs
A home stands for sale in a Brooklyn neighborhood on New York City. Spencer Platt | Getty Images A sharp jump in mortgage rates last...
U.S. Housing Wealth Skewed Even More Toward Affluent Over Past Decade
The past decade’s booming residential real-estate market has enriched almost every U.S. homeowner, but the gains have largely benefited the wealthiest, a new analysis shows....
Governors Cannot Stop Inflation, But Tax And Regulatory Reform Will Boost Their States’ Economies
WASHINGTON, DC – MAY 18: Sen. Rick Scott (R-FL) speaks before a Senate Republican Policy luncheon at … [+] the Russell Senate Office Building on...
Soaring lumber price adds nearly $19,000 to the cost of a new home
The price of lumber has been on a roller coaster since the start of the pandemic, and it’s climbing a big hill yet again. After...
Homebuyer demand for mortgages drops 10%
A sign advertising an open house in Corona Del Mar, California. Scott Mlyn | CNBC Mortgage rates have been rising since the start of the...
Soaring rent prices make it even more difficult to save for a house
This is an excerpt from the CNBC Make It newsletter. Subscribe here. If you’ve been paying attention to headlines (or your own lease renewal) then you’ve...