Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateDemand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 yearsMortgage rates surged to the highest level since 2008, but more buyers applied for loans, perhaps concerned rates would move even higher. Read Article Wed, 22 Jun 2022 05:32:34 PDT Sales of existing homes fell in May, and more declines are expectedSales of existing homes in May fell 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors. Read Article Tue, 21 Jun 2022 07:52:41 PDT Here's why this housing downturn is nothing like the last oneThe housing market has cooled off a bit after an incredibly hot stretch fueled by the pandemic. That doesn't mean it's about to be 2007 all over again. Read Article Mon, 20 Jun 2022 05:00:01 PDT 'I can't win in this market': Why LGBTQ homebuyers say mortgage rates are hitting them especially hardThe rapid rise in home prices, followed by a spike in mortgage rates, is particularly impactful for LGBTQ homebuyers. Read Article Sun, 19 Jun 2022 05:53:23 PDT 43% of homeowners have delayed home improvements and maintenance due to inflation. Here's why that's riskyIf inflation is squeezing your budget, there are steps you can take as a homeowner to help avoid costly fixes. Read Article Fri, 17 Jun 2022 14:57:08 PDT China's property troubles have pushed one debt indicator above levels seen in the financial crisisA measure of risk levels for Asia debt surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers, Moody's said. Read Article Thu, 16 Jun 2022 23:47:39 PDT Millennial millionaires are delaying home, car purchases due to inflationNearly half of millennial millionaires say higher borrowing costs are causing them to delay buying a car, and 44% say higher interest rates have caused them to delay purchasing a home. Read Article Thu, 16 Jun 2022 15:44:00 PDT Here's what the Federal Reserve's 0.75 percentage point rate hike — the highest in 28 years — means for youThe Fed announced its highest rate hike in 28 years to fight inflation. Here's how that impacts your credit card, mortgage, car loan, student debt and savings. Read Article Wed, 15 Jun 2022 15:18:36 PDT Homebuilder sentiment drops to lowest level in two years as housing demand slowsBuilder sentiment is getting hit by higher interest rates, which are causing a slowdown in housing demand. Read Article Wed, 15 Jun 2022 15:33:38 PDT Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higherSharply rising interest rates are decimating refinance volume, and those rates, along with sky-high home prices, are hitting demand from buyers. Read Article Wed, 15 Jun 2022 05:21:52 PDT |
