Housing

Sales were down 17% from December. Blame lousy weather and rising mortgage rates.

Even a “fair” credit score can send home insurance rates skyrocketing for homeowners, reports Claire Brown at The New York Times.

New homeowners are using the “buy now, pay later” credit tool during and after the process of buying a home, according to research from the JPMorganChase Institute.

On today’s show: plans to increase the housing supply, a downward revision to GDP growth, and China’s latest five-year plan.

Among affordability constraints and the high cost of labor and materials, experts say construction loans for builders could play a role, too.

Uncertainty and sudden conflict almost always make mortgage rates more volatile.

There’s an ongoing legal battle between Zillow and Compass, which has announced a partnership with Redfin for exclusive home listings.

In many rural areas, the child care shortage is exacerbated. One mountain town in southwestern Colorado is closing the gap between kids and care by building affordable homes that are licensed to be day cares.

Cora Lewis, a business reporter at the Associated Press, discusses the rising trend of using “buy now, pay later” services to pay rent.

The average mortgage rate is substantially lower than it was a year ago. Will it bring buyers back to the housing market?