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rising mortgage rates

  • American Housing Market Loses $2.3 Trillion of Value
    American Housing Market Loses $2.3 Trillion of Value
    The U.S. housing market lost more than $2 trillion in home value during the second half of 2022 as homebuyer demand waned amid elevated mortgage rates, even as home prices ...
    February 24, 2023BY Naveen Athrappully
  • Mortgage Demand Slumps Again Despite Rates Easing as Housing Downturn Intensifies
    Mortgage Demand Slumps Again Despite Rates Easing as Housing Downturn Intensifies
    Even though mortgage rates eased down a bit, demand for mortgages fell for the week ended Oct. 28, ...
    November 2, 2022BY Naveen Athrappully
  • Homebuyers Fleeing Big Cities Due to High Inflation and Rates
    Homebuyers Fleeing Big Cities Due to High Inflation and Rates
    Homebuyers are increasingly moving to affordable places within the country as U.S. mortgage rates crossed the 7 percent ...
    November 1, 2022BY Naveen Athrappully
  • Homebuilders Worried About Steeper Downturn in the Housing Market
    Homebuilders Worried About Steeper Downturn in the Housing Market
    As the housing market cools down, homebuilders are concerned that the downturn might be too steep for them ...
    November 1, 2022BY Naveen Athrappully
  • New Home Sales Fall as Mortgage Rates Rise, Eroding Demand
    New Home Sales Fall as Mortgage Rates Rise, Eroding Demand
    The purchase of new homes fell last month as mortgage rates surged and sapped demand, the latest data ...
    October 27, 2022BY Naveen Athrappully
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