mortgage rates

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Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024
Finance

Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024

By
December 1, 2023
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
Finance

Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says

By
November 30, 2023
The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’
Finance

The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’

By
November 28, 2023
Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years
Finance

Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years

By
November 21, 2023
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
Finance

Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices

By Will Daniel and Alena Botros
November 17, 2023
Husband and wife
Personal Finance

This couple was so miserable with a 2.5-hour super-commute, they took on an extra $1,200 monthly mortgage payment: ‘We’d do it again in a heartbeat’

By
November 14, 2023
Father and son
Personal Finance

Millennials are replaying their parents’ housing market journey as first-time buyers in their 30s flood into an unaffordable market

By
November 14, 2023
Nearly 7% of for-sale homes in the U.S. posted a price drop during the four weeks ending Oct. 29, which is the highest portion since Redfin started tracking this data in 2012.
Personal Finance

The housing market is starting to crack—Sellers are cutting prices at record levels as ‘You can no longer price based off of where sales were’

By
November 6, 2023
The typical couple receives 32% more for a honeymoon fund, with an average of $767, compared with a new home fund average of $556, Esther Lee, deputy editor of The Knot, tells Coins2Day.
Personal Finance

Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico

By
November 5, 2023
Jerome Powell
Finance

Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers

By Will Daniel and Irina Ivanova
November 3, 2023
Photo of a young man looking seriously at a financial statement
Personal Finance

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

By
November 1, 2023
Artistic rendering of a row of townhouses
Finance

The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates

By
October 30, 2023
Builders are offering major incentives for buyers otherwise locked out of the housing market.
Finance

While some homebuyers pay 8% mortgage rates, others are wrangling steep discounts—and it’s creating a surprising surge in new home sales

By
October 27, 2023
Capital Economics expects mortgage rates to stay above 6% through 2025.
Finance

The mortgage rate shock hitting the housing market has years left to run, Capital Economics says

By
October 26, 2023
Home for sale
Finance

Mortgage rates have now risen on average for 7 straight weeks

By
October 26, 2023

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