Mortgage rates top 7% for the first time since May 2024
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
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As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
Detroit was one of just five major metros nationwide — along with Cleveland, Pittsburgh, Cincinnati and San Antonio — where the typical luxury home still sells for under $1 million, down from eight metros a year ago.
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.
When shopping for a home, most people consider things like curb appeal, the safety of a neighborhood, and good schools. However, political yard signs could say something about the community.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
A larger stock of smaller homes could mean more budget-friendly options for buyers.
Millions of U.S. homeowners are spending more than 30% of their monthly income on housing. Here are the hardest hit states.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Women are making a big impact in the real estate market.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
