Historic row houses in Columbia Heights neighborhood of Washington, D.C. amedved | iStock | Getty Images One strategist has told CNBC why she thinks it’s still a “relatively good environment”…
Tag: mortgage
Weekly mortgage demand from homebuyers tumbles 12%
A sign of a home for sale is pictured in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates actually fell slightly last…
Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market
A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will…
The refinancing boom is ebbing as mortgage rates rise.
The mortgage refinancing boom is winding down and household debt levels are creeping up as consumers edge past the worst of the pandemic’s economic shock. Mortgage originations dropped sharply in…
Housing market improves as rising mortgage rates weigh on sales
A home is offered for sale in Chicago, Illinois. Scott Olson | Getty Images One of the leanest housing markets in history might be putting on some fat. The supply…
Weekly mortgage demand rose for the first time since early March last week, but it won’t last
Real estate listings Adam Jeffery | CNBC A brief calm in the midst of a rising interest rate storm boosted weekly mortgage demand ever so slightly last week, but it…
As mortgage rates rise, how to decide whether to buy a home or rent
Tim Kitchen | The Image Bank | Getty Images It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The…
Mortgage rates surge as home affordability nears record worst
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are…
How Home Buyers Can Navigate Rising Mortgage Rates
High inflation often translates to high anxiety, which is why many Americans are striving to lock in the cost of one of their most basic, most human needs: a home.…
How to know if the popular adjustable-rate mortgage is right for you
Lifestylevisuals | E+ | Getty Images Adjustable-rate mortgages are making a comeback. With interest rates surging, more buyers are turning to ARMs, which offer lower initial rates than fixed-rate loans.…