Mortgage rates fall to a two-month low, but buyers are still on the sidelines
Tight conditions are squeezing buyers across the country. In Westchester County, New York, real estate agent Pamela Grunstein is navigating a market that has 1.6 months of supply – a far cry from the 6 months or so that’s long been considered the sign of an evenly balanced market.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market.
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage rates. Home sales fell 4.9% in January to a 4.08 million pace. That’s the number of homes that would be sold over an entire year if sales took place at the same rate in every month as they did in December.
US existing home sales fall more than expected in January
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand. Home sales decreased 4.9% last month to a seasonally adjusted annual rate of 4.
Housing market mired in slump as January home sales drop more than expected
Sales of previously occupied US homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.
Tariff Fears and Mortgage Rates Hurt Builder Sentiment as Single-Family Home Construction Slows
Starts on single-family units, which account for the vast majority of all homebuilding, dropped 8.4% from December to a ...
Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, ...
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How to take over a mortgage when a loved one has passed away
In today’s market, it’s becoming increasingly difficult to afford a house. Home prices remain sky-high, and mortgage rates ...
Educating High Schoolers on Mortgage Rates Will Lead to Smarter Homeowners, Lawmakers Hope
The post Educating High Schoolers on Mortgage Rates Will Lead to Smarter Homeowners, Lawmakers Hope appeared first on Real ...
America’s largest mortgage insurer denies report that its staff will be halved. Here’s what it does
Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market.
30-Year Mortgage Rates Tick Up Slightly, Remain Near Recent Lows
Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was ...
What's the mortgage rate forecast for March 2025?
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.
How Many People Can Be on a Mortgage?
"However, in practice, most cases of VA loans usually only involve two persons: one veteran and a spouse," says Alexei Morgado, a Realtor and founder of Lexawise, a real estate exam preparation course ...
30-Year Mortgage Rates Hovering Near Two-Month Low
After a large two-day drop, 30-year mortgage rates have inched up, but remain near their lowest level of 2025. Rates also ...
California Homeowners to Get Mortgage Help Under New Plan
California Governor proposed a $125 million mortgage relief program to assist homeowners at risk of foreclosure or whose ...