housingmarket

Redfin RDFN, -6.85% is shedding employees once more, because the housing market continues to harm from excessive mortgage charges and low demand. Redfin CEO Glenn Kelman mentioned on…

NASHVILLE, Tenn. — Excessive mortgage charges and recession fears are hurting house costs, so anticipate progress to be flat this yr, one professional says. “Our forecast is for home-price progress moderation to…

Even when Federal Reserve Chairman Jerome Powell and his cohorts stopped climbing coverage charges quickly, the 30-year mounted mortgage fee nonetheless would climb to 10%, in line with Christopher Whalen, chairman…

Right here’s a chart that speaks a thousand phrases in regards to the state of the real-estate market proper now.The chart above, a part of a brand new report by real-estate brokerage Redfin RDFN, -7.03% on the…

The Federal Reserve has been displaying no indicators of letting up on aggressive fee hikes, whilst its insurance policies gasoline carnage for the ages throughout the roughly $53 trillion U.S. bond market. In consequence,…