Economy Jun 21 U.S. home sales fall again amid rising mortgage rates and record-high prices Despite the pullback in sales, home prices climbed compared with a year earlier for the 11th month in a row.
Politics Feb 22 Wall Street sees a solid 2024 ahead for homebuilders, though mortgage rates remain a wildcard Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year.
Economy Jan 19 U.S. existing home sales drop to near 30-year low 2023 is the weakest year for home sales since 1995 and the biggest annual decline since 2007, the start of the housing slump of the late 2000s.
Economy Jan 11 Average long-term mortgage rates rise again, reaching their highest level in 4 weeks The latest increase follows a nine-week string of declines at the end of last year that lowered the average rate after it surged in late October to 7.79 percent, the highest level since late 2000.
Economy Jan 04 Average long-term mortgage rates edge higher, breaking 9-week slide The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades.
Economy Dec 21 Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7 percent Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectation among economists that home loan borrowing costs will ease further next year.
Economy Oct 05 Average long-term U.S. mortgage rate reaches 7.49 percent, highest level in over two decades The cost of financing a home surged again this week, further dimming the affordability outlook for many would-be homebuyers.
Economy Aug 17 Average long-term U.S. mortgage rate climbs to 7.09 percent this week, highest level in over 20 years Sharply higher rates are contributing to a dearth of available homes, as homeowners who locked into lower borrowing costs two years ago are now reluctant to sell and jump into a higher rate on a new property.
Economy Jul 30 Biggest apartment construction boom in decades likely to bring renters uneven relief When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades. But a closer look shows the trend will likely be little comfort…
Nation Jul 07 Monthly mortgage payments remain high even as U.S. home prices ease Would-be homebuyers are willing to take on sharply higher mortgage payments, even as home prices have begun to pull back this year.