Stories Tagged as
Mortgage rates
A typical home costs $1 million or more in a record number of U.S. cities
Apr 10, 2024
Zillow find that million-dollar homes are proliferating — and not just in the usual high-cost metro areas like New York, San Francisco and Los Angeles.
Mortgage rates have fallen, but are homes more affordable?
by
Justin Ho
Mar 25, 2024
When you take mortgage rates, housing prices and incomes into account, homes are 44% less affordable than they were two years ago.
Single-family home construction is booming, despite higher mortgage rates
Mar 19, 2024
But the boom doesn't seem to be reaching some parts of the country.
High mortgage rates, low inventory keep the housing market tight
Feb 19, 2024
High interest rates and limited inventory are key factors in restricting affordability.
Is rising mortgage debt a bad sign for the economy?
by
Justin Ho
Feb 12, 2024
Mortgage debt has grown 30% since before the pandemic. But the majority of mortgage debt holders have rates below 5%.
Profits from sales of median-price homes fell slightly last year, but are still pretty huge
Jan 25, 2024
People who sold a median-price home last year made more than $120,000 in profit on a typical sale, according to a new report out today from the property data company ATTOM.
Lower mortgage rates open the door for homebuilders
Jan 25, 2024
Some builders are starting to see more interest from buyers, including those who spent 2023 on the sidelines, waiting for better rates.
For public good, not for profit.
Home prices aren't guaranteed to skyrocket this year
by
Justin Ho
Jan 19, 2024
Housing demand has been improving in recent months, as mortgage rates have ticked down. And while that's putting upward pressure on home prices, there are a few factors that could keep a lid on home price appreciation.
Will 2024 be the year the housing market gets slightly less tough?
Dec 27, 2023
High mortgage costs, low supply of houses for purchase and high rents made for a pretty bleak year. But there's a glimmer of light on the horizon.
Why a 0.08% drop in the mortgage rate might seem bigger than that
Dec 15, 2023
There’s research that shows when the left-most digit of a number changes, we tend to give the change more weight.