Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses…
Tag: Mortgages
Mortgage rates spike after stronger-than-expected jobs report
A home for sale in Austin, Texas, on May 22, 2024. Brandon Bell | Getty Images…
You can’t always refinance a mortgage to capitalize on lower rates: Here’s when a lender may say ‘no’
The Federal Reserve slashed interest rates by a half percentage point, or 50 basis points, on…
August home sales drop more than expected, as prices set a new record
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized…
Home listings are up more than 60% in some cities. Here’s where
A for sale sign is displayed outside of a home for sale on August 16, 2024…
Home prices hit record high in June on S&P Case-Shiller Index
Even as mortgage interest rates were rising, home prices reached the highest level ever on the…
Home sales rose in July for the first time in five months
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally…
Mortgage rates plunge to the lowest level in more than a year after weak employment report
A “For Sale” sign in front of a home in Arlington, Virginia, on Aug. 22, 2023.…
June home sales slump, pointing to a buyer’s market as supply increases
A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson |…
Here’s why international buyers are pulling way back from the U.S. housing market
International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers…
Mortgage refinance demand drops further, despite homeowners sitting on $17 trillion in equity
Thianchai Sitthikongsak | Moment | Getty Images The recent run-up in home prices, a staggering increase…
It suddenly looks like there are too many homes for sale. Here’s why that’s not quite right
Anyone out shopping for a home today knows there is still precious little for sale. The…