Residential homes in Teaneck, New Jersey, US, on Thursday, Nov. 24, 2022. Real estate agents … [+] struggle to find listings as deals decline, mortgage rates remain high and signs point to leane...
Tag: Mortgage costs
Housing Market Downturn – Is A Recession On The Horizon?
What should we expect from the U.S. housing market (Photo by Tim Boyle/Getty Images) Getty Images The second half of 2022 has seen declining house prices. However, prices remain up year-on-year based ...
Evidence Builds For Painful Housing Recession
How bad will the U.S. housing market get? (Photo by David Paul Morris/Getty Images) Getty Images Housing market sentiment is at lows we haven’t seen since the 1980s. Inventory metrics are moving in th...
Fed Chair Calls Housing Market “Very Overheated”
Fed chair Jerome Powell, sees that the U.S. housing market is under stress and thinks that may be … [+] necessary for the economy. (Photo by Tim Boyle/Getty Images) Getty Images Jerome Powell sa...
Mortgage Rates Are Closing In On 7%, Signaling Risk Of House Price Declines
MIAMI – JUNE 23: (Photo by Joe Raedle/Getty Images) Getty Images For much of last year you could get a 30-year mortgage at around a 3% rate. Now mortgage costs are closing in on 7%. That’s a dra...
As Mortgages Spike Dramatically, Should We Expect A House Price Crash?
PARK RIDGE, IL – JULY 27: What’s does current data suggest about the U.S. housing market? (Photo by … [+] Tim Boyle/Getty Images) Getty Images While the U.S. flirts with recession, o...