Oxford Economics says the crumbling housing market will continue deteriorating because of two key factors
The housing market continues to struggle with nearly high mortgage rates and home prices, driven by years of…
Mortgage rates hold steady at 6.74%
Mortgage rates remained basically flat this week, following two straight weeks of increases. According to data from Freddie…
Average long-term US mortgage rate rises to 6.75%, second straight uptick
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback…
Falling home prices are raising the risk of a deeper correction
The housing market has largely been frozen since mortgage rates shot up a few years ago, but recent…
US New-Home Sales Drop by Most Since 2022 on Poor Affordability
(Bloomberg) — US purchases of new homes fell in May by the most in almost three years as…