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[ad_1] A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022. Elijah Nouvelage | Bloomberg | Getty Images This year...
[ad_1] Homes in Hercules, California, US. Bloomberg | Bloomberg | Getty Images After surging over 8% in October, mortgage rates are falling back toward 7% again,...
[ad_1] Why many homeowners are ‘staying put’ Last week, the average interest rate for certain 30-year fixed-rate mortgages decreased to 7.37% from 7.41% the prior week,...
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Zandi, chief economist at Moody’s Analytics, and CNBC’s Diana Olick join...
[ad_1] A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates...
[ad_1] This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows of buying versus renting. In...
[ad_1] CNBC's Diana Olick reports on mortgage demand. [ad_2] Source link
[ad_1] Mortgage demand is finally crawling out of the basement as interest rates continue to move lower. Total application volume increased 3% last week from the...
[ad_1] The math isn’t mathing. Hopeful homebuyers earnings just aren’t adding up to the cost of housing—leaving people desperate to break into the market. You don’t...
[ad_1] High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic...
[ad_1] Varun Krishna, Rocket Companies CEO, joins 'Squawk Box' to discuss mortgage demand, mortgage rate trends, the state of the housing market, impact of A.I., and...
[ad_1] Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage...
[ad_1] An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. ...
[ad_1] A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a...
[ad_1] Miniseries | E+ | Getty Images Homebuyers are dealing with record-high costs this year amid interest rate hikes and shrinking supply. While shopping for homes...
[ad_1] The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current...
[ad_1] Mortgage rates have soared over the past year and now stand at 7.79% for a 30-year fixed-rate mortgage, per Freddie Mac. Amid the skyrocketing rates,...
[ad_1] Credit card rates top 20% Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate. After the previous rate...
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jaret Seiberg, housing policy analyst at TD Cowen Washington Research Group, joins...
[ad_1] Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off...