The numbers: Mortgage rates continued to inch downwards, providing some relief to prospective homeowners. The 30-year fixed-rate mortgage averaged 6.27% as of December 22, according to data released b...
Tag: housingdownturn
‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices
Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, -7.03% on the property mark...
Will 2023 finally be a good year to buy a home? Read this before making a decision.
The housing market is nothing if not unpredictable. Mortgage rates have skyrocketed, and the market has taken a beating. But don’t expect 2023 to turn into a buyer’s market just yet, housing experts s...