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Top economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
Finance
Top economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
By Alena BotrosJuly 10, 2024
Jerome Powell
Finance
Fed Chair Jerome Powell warns: Inflation isn’t ‘the only risk we face’
By Craig Torres and BloombergJuly 9, 2024
If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says 
Finance
If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says 
By Alena BotrosJuly 5, 2024
30-year mortgage rate climbs to just under 7%, pushing up borrowing costs for the first time since May
Personal Finance
30-year mortgage rate climbs to just under 7%, pushing up borrowing costs for the first time since May
By Alex Veiga and The Associated PressJuly 4, 2024
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
Finance
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
By Alena BotrosJuly 3, 2024
Mature couple hugging in front of modern home.
Finance
Homeowners are sitting on a record amount of equity, driving a shift toward more expensive homes, top economist says 
By Alena BotrosJuly 1, 2024
Robert Reffkin, founder and chief executive officer of Urban Compass Inc
Finance
The magic mortgage rate is anything below 6%, top real estate CEO says
By Alena BotrosJune 24, 2024
Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
Finance
Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
By Alena BotrosJune 21, 2024
The ‘affordability crisis’ has long plagued renters—but now it’s coming for homeowners
Finance
The ‘affordability crisis’ has long plagued renters—but now it’s coming for homeowners
By Alena BotrosJune 20, 2024
Home prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers
Finance
Home prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers
By Alena BotrosJune 18, 2024
This mortgage rate statistic impacting more than half of American borrowers shows why sellers are hopelessly locked in
Finance
This mortgage rate statistic impacting more than half of American borrowers shows why sellers are hopelessly locked in
By Alena BotrosJune 17, 2024
Real Estate agent putting a For sale sign in a yard.
Finance
After sitting on the sidelines for months, sellers finally want to offload their houses, but no one’s buying
By Alena BotrosJune 13, 2024
West side of Manhattan
Finance
A NYC office building will sell at such a discount that it’s 67% below the purchase price and less than what’s still owed on the mortgage
By Natalie Wong and BloombergJune 10, 2024
26%: That’s how much more it costs to maintain a U.S. single family home—not even counting the mortgage—than it did before COVID
Personal Finance
26%: That’s how much more it costs to maintain a U.S. single family home—not even counting the mortgage—than it did before COVID
By Jennifer Epstein and The Associated PressJune 10, 2024
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats
Finance
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats
By Alena Botros and Sydney LakeJune 5, 2024
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