Housing affordability races toward levels not seen since 2006 bubbleIf mortgage rates rise by another half a percentage point — or if home prices go up another 5% — affordability will
April 29, 2022The 30-year fixed-rate mortgage barely budged this week, but it’s still stressing home shoppers feeling concern about being priced out. The 30-year fixed-rate mortgage averaged 5
MARKETS & ECONOMYNew home sales took an 8.6% hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to new data released
Demand for purchase mortgages was down 17 percent last week compared to the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association on WednesdayBY MATT
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