Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising

apnews.com The spring homebuying season is off to a sluggish start as home shoppers contend with elevated and rising prices. Sales of previously occupied U.S. homes fell 4.3% in March…

Existing home sales fall most in over a year

washingtonexaminer.com Existing home sales fell in March by the most in over a year as mortgage rates lurched upward amid higher inflation readings. Existing home sales in March fell 4.3% to a…

US homes sales dropped last month as March prices reached a record high

cnn.com Sales of previously owned homes in the United States fell in March as home prices climbed and mortgage rates held steady that month, reflecting the persistent pain of…

Mortgage rates surpass 7% while home prices show no signs of declining

aol.com Would-be homebuyers have no choice but to deal with elevated rates if they want to buy this spring. The average rate on a 30-year fixed loan hit 7.1%, according to Freddie…

The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there

fortune.com The average 30-year fixed mortgage rate reached 7.50% this week, the highest all year. It’s because of a “hotter-than-expected inflation report and the Fed’s confirmation…

Mortgage rates surge past 7%, reaching highest level since November

aol.com Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis. The 30-year fixed-rate mortgage averaged 7.10% in the week…

March homes sales dropped despite a surge in supply. Here's why

cnbc.com Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Sales of previously-owned homes dropped 4.3% in March…

US homes sales dropped last month as prices reach record March high

aol.com Sales of previously owned homes in the United States fell in March as home prices climbed and mortgage rates held steady that month, reflecting the persistent pain of…

Existing Home Sales Plunged (Again) In March... But Prices Continue To Rise

zerohedge.com Existing Home Sales Plunged (Again) In March... But Prices Continue To Rise After the collapse in housing starts and permits in March, it is no surprise that existing home…

Inflation Comes for the Housing Market

nytimes.com The higher-for-longer inflation predicament has hit the U.S. housing market like a thunderbolt. Home prices and mortgage rates are climbing again, dashing hopes that…

Housing market predictions: The forecast for the next 5 years

aol.com It’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates…

Mortgage rates top 7% following hotter-than-expected inflation numbers

finance.yahoo.com Homebuyers are feeling whiplashed by surging mortgage rates, and the outlook just turned grim. The average rate on the 30-year mortgage increased to 7.37% on Thursday, a…

Mortgage rates crest 7% following hotter than expected inflation numbers

aol.com Homebuyers are feeling whiplashed by surging mortgage rates, and their outlook just turned grimmer. The average rate on the 30-year mortgage increased to 7.37% on Thursday,…

Watch out for 8% for mortgage rates

thestreet.com Wednesday's Consumer Price Index report showed that inflation, at least at the consumer level, is more stubborn than many investors and economists had hoped. The result was…

Inflation is sticking around. Here's what that means for your money

aol.com The war against inflation was never going to be easy, but the latest consumer price index data demonstrates just how tough a fight the Federal Reserve is facing. In the…

Will Housing Prices Fall 20%? Why This Famous Analyst Sees a Huge Supply Glut Ahead

investorplace.com Here's what you need to know about housing prices going forward Sky-high mortgage rates have led to housing prices that only seem to go up. And the higher they go, the more…

From skipping meals to working more to even moving in with Mom and Dad: Here’s how Americans are trying to afford housing

aol.com We had the least affordable housing market in decades last year, and it hasn’t gotten much better. Home prices, rents, and mortgage rates are all still high, and Americans…

From skipping meals to working overtime to moving in with mom and dad

fortune.com We had the least affordable housing market in decades last year, and it hasn’t gotten much better. Home prices, rents, mortgage rates are all still high, and Americans are…