Feb. 9, 2023 (Staff Writer)- Home buyers’ mortgage payments have started stretching a bit further in recent months, a new Zillow® analysis shows. As mortgage rates doubled last year, the home price afforded by a $3,000 payment1 plummeted from $865,000 in January to a low of $560,000 in October. That significantly changed the size […]
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US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the housing market late last year and prices continued to cool, according to […]
The 2022 housing market was largely characterized by the swift slowdown in demand caused by rapidly rising mortgage rates. However, even as existing home sales fell 17.8% year over year in 2022, according to data […]
LONDON, June 29 (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6% mark in painful news for many homeowners and potential buyers. […]
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