Real Estate Markets
Resale Housing Market Faces Steep Decline, Posing Challenges for Buyers and Sellers
The resale housing market faced another setback in September, with data released by the National Association of Realtors (NAR) revealing a 2% drop in sales...
Mortgage Rates Hit 23-Year High, Posing Challenges for Homebuyers
Mortgage Rates Hit 23-Year High, Posing Challenges for Homebuyers: The real estate landscape is undergoing a seismic shift as mortgage rates reached levels unseen in...
Mortgage Rates Reach 23-Year High, Concerns of 8% Milestone
Mortgage rates have surged again this week, attaining a 23-year high, intensifying the likelihood of an impending 8% mark. According to Freddie Mac, the rate...
High Rates Drive Mortgage Applications Demand to 1995 Lows
The demand for mortgage applications witnessed a notable 6% dip last week, marking its lowest point since 1995, reveals the latest survey conducted by the...
Goldman Sachs Raises Mortgage Rate Forecast
In response to the Federal Reserve’s recent announcement of a prolonged interest rate status quo, Goldman Sachs is set to amend its mortgage rate projections,...
Mortgage Rates Surge: Highest in 23 Years
Mortgage rates have surged to a 23-year high this week, with the average 30-year fixed mortgage climbing to 7.31% from 7.19% the previous week, according...
High Mortgage Rates Deter Homebuyers Across the Nation
Homebuyers across the United States are taking a step back from the real estate market as rising mortgage rates erode their purchasing power, casting a...
New Home Sales Experience Sharp Decline in August
The latest data from the Census Bureau reveals a significant downturn in the sales of newly constructed homes, marking a notable setback for the housing...
July Sees 6th Consecutive Rise in Home Prices
In a relentless upward trend, home prices in the United States have marked their sixth consecutive month of growth, reaching unprecedented levels in July, propelled...
Worries Mount as Chinese Property Stocks Hit Nine-Month Low
Chinese property stocks experienced a severe downturn on Monday, marking their most significant loss in nine months. The decline was attributed to growing concerns surrounding...