Washington, DC CNN — Buying a house requires a much bigger slice of people’s income now — making this the most unaffordable
Tag: mortgage rates
Mortgage rates soar to their highest level in 21 years
Washington, DC CNN — US mortgage rates surged this week, rising to their highest level in 21 years. The 30-year fixed-rate mortgage
Homeowners are tapping into home equity to get cash
Washington, DC CNN — With home values remaining strong across the country, Americans are tapping into their home equity to pay for
Mortgage rates rise to just short of 7%
Washington, DC CNN — US mortgage rates remained elevated this week, rising for the third week in a row, but stayed just
Millennials powered America’s homeownership boom
Washington CNN — Prior to the pandemic, Yue and Chris Parsons were, like many Millennials, reluctant renters moving from one apartment to
Construction of new homes fell 8% in the US last month
Washington, DC CNN — US home building cooled in June, dropping 8% from May’s surprising surge, which came as low inventory in
From inflation to mortgages: What last week’s data says about the economy
New York CNN — Last week would have been an ideal week to go on vacation if you’re an economist or, ahem,
US home prices continued to rebound in April
CNN — Home prices rose in April for a third consecutive month, according to the latest S&P CoreLogic Case-Shiller US National Home
Bank of England hikes rates for 13th time as inflation stays high
London CNN — The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly
Mortgage applications drop to 28-year low as rates climb
Washington, DC CNN — Applications for a mortgage fell for the third week in a row and now sit at a 28-year
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