Italy suspends mortgage payments — could the US follow suit?
What would the overall impact of suspending mortgage payments be on the U.S. economy? A Keller Williams economist weighs in. Continue reading
What would the overall impact of suspending mortgage payments be on the U.S. economy? A Keller Williams economist weighs in. Continue reading
The average 30-year mortgage hit an all-time low of 3.29 percent this week, according to data from Freddie Mac. Continue reading
Economists and agents offered different opinions on how the second rate cut of the year will impact the housing market overall. Continue reading
Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks. Continue reading
The U.S. Federal Reserve announced Wednesday it would cut interest rates for the first time since a recession hit the U.S. economy in 2008. Continue reading
The Pending Home Sales Index ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels. Continue reading
Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to Case-Shiller. Continue reading
The price of an average home in the U.S. rose 4.3 percent year-over-year in January, falling from 4.7 percent in December, according to Case-Shiller. Continue reading
Blitzer says despite declining sales, the overall economy is strong — offering some solace to economists worried about a looming housing and economic crisis similar to that of 2008. Continue reading
Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains. Continue reading