Housing Inventory Finally Crosses 2020 Levels. Time to Buy Before Prices Rise?
Housing inventory is hitting 4-year highs. Higher mortgage rates have gone from a curse to a blessing. Is it time to buy?
July 23, 2024 5 min read
Housing inventory is hitting 4-year highs. Higher mortgage rates have gone from a curse to a blessing. Is it time to buy?
Homeowners hoped 2024 would help them break up with their mortgage rate, but a recent report shows they should start thinking about a long-term relationship.
2023 wasn't kind to mortgage lenders. But some fared surprisingly well, leveraging opportunities the market presented.
One of the biggest misconceptions in finance and real estate is that the Federal Reserve “sets” mortgage rates. Here's what really determines them.
Whether mortgage rates decline or by how much remains unknown and depends largely on how many hikes the Fed will make in its drive to curb high inflation.
“A surprising bounce back in new-home construction is welcome,” said Lawrence Yun, chief economist of the National Association of Realtors.
U.S. home prices gained at a record pace in April as a shortage of available properties boosted competition among buyers.
