Home listings suddenly spike as sellers worry they’ll miss out on red hot market
Sharply higher mortgage rates have caused a sudden pullback in home sales, and now sellers are rushing to get in before the red-hot market cools...
Is it a good time to buy a home? No, most Americans say
It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying...
Mortgage forecast lowered as rates soar, refinancing falls
The nation’s mortgage bankers are scaling back their expectations for the year as rapidly rising rates make it even more expensive to buy a home....
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...
VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions By Cointelegraph
[ad_1] The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs),...
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...
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...