Analysis and Data
Recent data unveils a dip in median mortgage payments, but annual figures showcase a significant rise.
U.S. Census Bureau and Housing Department report a 33.9% year-over-year surge; median prices rise to $418,800.
Prospective homeowners are exploring the possibility of departing from Austin due to persistent high housing expenses.
30-year fixed mortgage rate reaches 7.9% – its highest since 2000 – stalling potential homebuyers and suppressing refinance activities.
Most wanna-be homebuyers say they don't mind a haunted house, Zillow reports.
Reverse mortgage offering allows homeowners 55+ to tap into home equity without added monthly costs or altering primary rates.
Homebuyers are flocking as listings see the biggest rise in months. But why are some still backing out at the last minute?
Intercontinental Exchange report highlights increase in early-stage delinquencies and serious overdue loans, while foreclosures see a significant decline.
Freddie Mac's survey highlights concerns for homebuyers and builders; introduces tool to aid with down payments amidst soaring rates
Despite recent drops in inflation, Powell hints at potential rate hikes; emphasizes the need for a stable economy amidst accelerated growth risks.