The highest mortgage rates in 20 years are now coupled with high home prices — bringing angst to many homebuyers.
A new report finds the rate of mortgage borrowers considered "equity rich" increased to 49% in the second quarter.
The Case-Shiller National Home Price Index rose half a percent in April — a third-straight monthly increase.
New Case-Shiller data suggests prices are rebounding after a moderate dip, though regional differences are pronounced.
Last month, 20% fewer existing homes were sold than in May 2022. People are staying put — and staying together — to avoid higher costs.
Realtors are encouraging their clients to get creative if they really want to make a move while interest rates remain high and inventory remains low.
Higher mortgage rates could disproportionately hurt Black homebuyers.
Mortgage applications rose last week, thanks in part to a dip in mortgage rates, according to a new report. But credit availability has been falling.
That's good news if you're looking to buy in Philadelphia, Detroit, Cleveland or Houston, but what about the rest of us?
Their confidence tanked last year.