Mortgage Rates Stay Above 7%, Stalling Home-Buying Demand
Lead: U.S. mortgage applications take a hit as rates soar above 7%, signaling trouble for the real estate market....
home-buying demand
7% Mortgage Rates Stifle Home-Buying Demand
Lead: U.S. mortgage applications plummet as rates soar over 7%, dimming hopes for a near-term interest rate cut by...
U.S. Mortgage Demand Rises as Buyers Return to the Market
U.S. mortgage applications have increased as home-buying demand remains strong despite rising rates, according to the Mortgage Bankers Association....
Mortgage Rates Rise as Homebuyer Demand Grows
Mortgage rates have risen slightly, with the 30-year fixed-rate mortgage averaging 6.66% as of January 11, according to Freddie...
U.S. Mortgage Demand Drops Amidst Low Inventory
U.S. mortgage applications have dropped as home buyers struggle with low inventory, despite falling rates. The overall market composite...
Fitch Report: 88% of U.S. Home Prices Overvalued
U.S. home prices are overvalued in 88% of metro areas, with a national overvaluation of 9.4% in Q2 2023,...
U.S. Housing Starts Surge to Highest Level Since May
In November, construction of new homes in the US rose by 14.8%, surpassing expectations on Wall Street. Builders increased...
Demand for Adjustable-Rate Mortgages Surges as Mortgage Rates Remain High
Mortgage demand continues to decline, with home-buying demand at its lowest level since 1995 and refinance activity at its...
Demand for Adjustable-Rate Mortgages Surges as Mortgage Rates Remain High
Mortgage demand continues to decline, with home-buying demand at its lowest level since 1995 and refinance activity at its...
5 charts that show how the housing market crashed and burned in 18 months
The Federal Reserve's efforts to combat inflation have caused a significant increase in mortgage rates, leading to a sharp...