Higher mortgage rates have zapped mortgage demand, as buyers are having second thoughts about purchasing homes. Mortgage applications for home purchases dropped 6% for the week ending February 24 from the previous week, according to […]
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Zillow Group stock was rising after an analyst from J.P. Morgan JPM +0.96% cited confidence in the performance of the online real estate company despite continuing challenges in the housing market. J.P. Morgan analyst Dae Lee initiated coverage of Zillow Z +1.97% (ticker: Z) with an […]
We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out […]
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The post Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb appeared first on Weekly Real Estate News.
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