mortgagerates

‘The housing market will get smaller in 2023’: Redfin lays off 13% of employees

[ad_1] Redfin RDFN, -6.85% is shedding employees once more, because the housing market continues to harm from excessive mortgage charges…

2 years ago

‘Solely time will inform if September was the nadir:’ Zillow reviews sharp home-value declines in these cities, amid grim outlook for U.S. housing market

[ad_1] Winter is coming, and the real-estate market is slowly coming to a standstill. In response to a brand new…

2 years ago

Mortgage bankers anticipate charges to drop to five.4% in 2023. What is going to house costs do?

[ad_1] NASHVILLE, Tenn. — Excessive mortgage charges and recession fears are hurting house costs, so anticipate progress to be flat…

2 years ago

Mortgage charges surge to a 20-year excessive, resulting in steep decline in dwelling gross sales

[ad_1] The numbers: Mortgage charges have risen to the best stage in 20 years. The 30-year fixed-rate mortgage averaged 6.94%…

2 years ago

Why the housing market ought to brace for double-digit mortgage charges in 2023

[ad_1] Even when Federal Reserve Chairman Jerome Powell and his cohorts stopped climbing coverage charges quickly, the 30-year mounted mortgage…

2 years ago

‘We’re seeing patrons backing out’: This dramatic chart reveals U-turn within the housing market as sellers slash house costs

[ad_1] Right here’s a chart that speaks a thousand phrases in regards to the state of the real-estate market proper…

2 years ago