As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market
As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market
Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.
The post As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market appeared first on Real Estate News & Insights | realtor.com®.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.
The post As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.
The post As Mortgage Rates Surge Higher, These Home Buyers Are Being Pushed Out of the Market appeared first on Real Estate News & Insights | realtor.com®.
Home affordability is more challenging today for prospective home buyers than it was a year ago. ATTOM, a property information and analytics provider, today released its first-quarter 2022 U.S. home affordability report, showing that median-priced single-family homes were less affordable in the first quarter compared to historical averages in 79% of counties across the nation with enough data to analyze. That data was up from just 38% of counties that were historically less affordable in the fi...
Home affordability is more challenging today for prospective home buyers than it was a year ago. ATTOM, a property information and analytics provider, today released its first-quarter 2022 U.S. home affordability report, showing that median-priced single-family homes were less affordable in the first quarter compared to historical averages in 79% of counties across the nation with enough data to analyze. That data was up from just 38% of counties that were historically less affordable in the fi...
More borrowers are paying upfront fees and considering adjustable-rate mortgages to lower their monthly payments.
The post Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
More borrowers are paying upfront fees and considering adjustable-rate mortgages to lower their monthly payments.
The post Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Cash-out refinance rates are a little higher than standard refi rates. But savvy shoppers can still find a great deal.
Cash-out refinance rates are a little higher than standard refi rates. But savvy shoppers can still find a great deal.
Few Move-Up Home Buyers With Higher Mortgage Rates
A house for sale in Long Beach, Calif. (AP Photo/Nick Ut)
Copyright 2008 AP. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A house for sale in Long Beach, Calif. (AP Photo/Nick Ut) Home sales are falling, down 20% in the last year. Big declines occurred among people thinking about moving up to a larger, nicer or newer house. The simple arithmetic of home payments drives th...
Few Move-Up Home Buyers With Higher Mortgage Rates
A house for sale in Long Beach, Calif. (AP Photo/Nick Ut)
Copyright 2008 AP. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A house for sale in Long Beach, Calif. (AP Photo/Nick Ut) Home sales are falling, down 20% in the last year. Big declines occurred among people thinking about moving up to a larger, nicer or newer house. The simple arithmetic of home payments drives th...
Across the Sun Belt, sellers are experiencing higher rates of cancellations.
Across the Sun Belt, sellers are experiencing higher rates of cancellations.
SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. That's because of several factors such as wealthy buyers, strong rental demand and foreigners moving to Singapore. Singapore's real estate market is backed by wealth, according to Christine Li, head of Asia-Pacific research at Knight Frank. That means it's similar to markets such as Shanghai and Beijing, where a lot of people buy properties with a small loan or withou...
SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. That's because of several factors such as wealthy buyers, strong rental demand and foreigners moving to Singapore. Singapore's real estate market is backed by wealth, according to Christine Li, head of Asia-Pacific research at Knight Frank. That means it's similar to markets such as Shanghai and Beijing, where a lot of people buy properties with a small loan or withou...
CNBC's Diana Olick joins 'Squawk Box' to break down how rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand.
CNBC's Diana Olick joins 'Squawk Box' to break down how rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand.
Mortgage credit availability dropped in March, a sign that lenders tightened credit standards amid insufficient inventory of homes for sale and rising mortgage rates.
The post Mortgage credit availability dips as home prices surge appeared first on HousingWire.
Mortgage credit availability dropped in March, a sign that lenders tightened credit standards amid insufficient inventory of homes for sale and rising mortgage rates.
The post Mortgage credit availability dips as home prices surge appeared first on HousingWire.
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. After a strange rebound the week before, applications to refinance a home loan declined 11% for the week and were 84% lower than the sam...
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. After a strange rebound the week before, applications to refinance a home loan declined 11% for the week and were 84% lower than the sam...