An upswing in mortgage rates in the US has driven affordability down to its lowest point in almost four decades. Those searching for homes may find that delaying for potential relief involves a risky bet.
Despite the hopes of many for a housing market rebound, a standoff remains — as sellers are under no pressure to move since they have locked in cheap mortgages. Here's a breakdown of where we are, and a look back at historical data.
11% of those who borrowed to purchase a home in 2022 are underwater, or upside-down, on their mortgage. Here's how to know if your mortgage is in danger, and what to do if you find yourself in this position.
These five U.S. metropolitan areas had the biggest year-over-year percentage decrease in the median monthly rental listing price for single-family rentals.
Investors are now pulling back from the housing market, with sales dropping at a faster pace than the drop in overall home purchases.
As interest rates rose and a recession loomed on the horizon, more home-purchase agreements fell through in June, while the pace of home price growth decelerated at a record amount.
Home prices were up 20.4% year over year in April, further weighing on the affordability of home ownership as inflation surges.
May's builder sentiment report reveals the lowest reading in two years.