Mortgage rates plunge to lowest level in over a year
A “For Sale” sign in front of a home in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The average rate on the popular 30-year …
Mortgages
BOE rate cut brings relief to homeowners as UK lenders slash mortgages
A row of traditional houses on a street in London’s Muswell Hill suburb, located to the north of London, with views of the Canary Wharf on the horizon. Georgeclerk | …
Mortgage demand drops, as homebuyers wait for lower rates
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates eased …
June home sales slump, pointing to a buyer’s market
A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, …
International buyers are pulling back from the U.S. housing market
International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers — namely high prices and tight supply — but they’re also up against a …
Mortgage refinance demand jumps to a 2-year high, as mortgage rates drop
Courtney Keating | Getty Images Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed. Applications to refinance a home …
What rentvesting is, and how it helps renters buy a home
Oscar Wong | Moment | Getty Images Not every renter wanting to buy a home dreams of ditching their lease. Some wish to remain tenants even as they become landlords. …
Mortgage refinance demand drops with homeowners sitting on huge equity
Thianchai Sitthikongsak | Moment | Getty Images The recent run-up in home prices, a staggering increase of more than 40% from pre-pandemic levels, should have current homeowners rushing to refinance. …
Why home prices are still rising even as inventory recovers
Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in …
Home prices begin to cool as active listings jump 35%
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Some of the heat is coming out of home prices, even though they’re still …