Thought the Fed would give us an interest-rate break in '24? Think again

thestreet.com Everybody, including the Federal Reserve, is caught in a bind. You want a strong economy. You want low inflation. The problem right now is this: While inflation is better…

High mortgage rates hang around, reaching 7.17%

aol.com Mortgage rates continued their climb past the 7% threshold this week, sidelining affordability-sensitive buyers in their wake. The rate on the 30-year fixed rate mortgage…

Mortgage rates reach new high for 2024

axios.com Data: Mortgage News Daily; Chart: Axios Visuals Mortgage rates touched 7.5% in April, the highest they've been since last fall, per Mortgage News Daily data. Why it matters:…

People Who Rent Will Decide the 2024 Presidential Election

zerohedge.com People Who Rent Will Decide the 2024 Presidential Election By Mish Shdlock of MishTalk Immigration won’t decide the election. Polls have not yet captured what will. This may…

Mortgage rates are now at the highest level of the year and could still climb

nbcnews.com The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%,…

Mortgage rates are now at the highest level of the year, and could still climb

aol.com The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%,…

Mortgage rates are now at the highest level of the year, and could go even higher

cnbc.com The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%,…

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…

Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

aol.com None The 30-year fixed-rate mortgage just broke 7% for the first time this year, the highest since November 2023. • None Home purchase mortgage applications surged by 5%…

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…

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…

The Fed’s inflation fight isn’t over

fastcompany.com Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. This week Fed Chair Jerome Powell suggested that the central…

Mortgage Rates over 7% and Heading Higher, Housing Market Still Frozen, Lots of Buyers on Strike as Prices Still Too High

nakedcapitalism.com Yves here. The sorry and at least until the Fed relents, worsening state the US housing market, undermines the Biden Administration cheerleading over the state of the…

California sees surge in homeowners trying to sell their houses

newsweek.com The number of homes listed for sale in California is on the rise and last month saw the largest jump in more than a year amid heightening home prices in the state, according…

Homebuyers are making a surprising move

newsweek.com Mortgage applications rose even though rates went up, highlighting the fact homebuyers were willing to pay higher borrowing costs for home loans, data from the Mortgage…

Home prices in one state skyrocket

newsweek.com Home prices in New Hampshire soared to their highest on record in March, straining the ability of first-time home buyers to afford to purchase a home and pointing to a…

How long will the S&P 500 slide last?

thestreet.com February ended with stocks hitting new highs and not many signs of troubles. Yes, oil and gasoline prices were higher. Yes, there were some hints of rising inflation. But…

Mortgage payments hit all time highs

newsweek.com High mortgage rates and elevated prices are making the monthly payments homeowners make hit all-time highs, according to real estate platform Redfin, a development that…

Renters lose hope over housing market

newsweek.com American renters are fearful that their home-owning aspirations are increasingly getting out of reach, according to a recent survey by the real-estate platform Redfin, amid…