Tag Archives: mortgage rates

Rise, fall, repeat: The biggest housing surprises of 2022  (so far)

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Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they’re taking a second look. Continue reading →

Mortgage rates surge past 6% on fears of Fed tightening

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Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading →

Mortgage rates under pressure again with inflation at 40-year high

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Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading →

What does it mean when even the wealthiest step back from buying?

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Luxury deals are down 18 percent year over year, and buyers are more cautious than they’ve been in years, a sign the market is continuing to normalize, according to agents and a new Redfin report. Continue reading →

Manhattan median rent hits new $4K high, according to report

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Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading →

Sales declines, price drops and the return of buyer incentives: Oh my!

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It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading →

Mortgage demand drops to 22-year low as rates rebound: MBA survey

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As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Continue reading →

The shifting market will slow prices down — but won’t stop them cold

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The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Continue reading →

Loan servicing giant Mr. Cooper lays off another 420 workers

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Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Continue reading →