Pivot to find profits during a recession: Focus on homebuyers

The post Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates appeared first on Weekly Real Estate News.

On Tuesday, the average 30-year fixed mortgage rate jumped back up to 7.34%. That coupled with home prices that rose dramatically during the pandemic, and in some markets, are still rising, has deteriorated affordability. It’s pricing buyers out […]

We’re revisiting housing inventory today because it’s one of the key sticking points that’s keeping home prices elevated and buyers wary. Jerome Powell said last week that housing activity is bottoming and could be improving already — […]