Buying a home just became more expensive—and it’s expected to only get worse as mortgage rates surged to their highest point since March 2020.
The post Mortgage Rates Are Surging, Hitting Highest Point Since March 2020. Will Home Prices Have To Fall? appeared first on Real Estate News & Insights | realtor.com®.
Real estate experts argue over whether rising mortgage rates will keep home prices in check—or make it more expensive to purchase a home.
The post Will Rising Mortgage Rates Make Homebuying More Expensive—or Less? appeared first on Real Estate News & Insights | realtor.com®.
While this wonky monetary policy change may sound like a long way off, it could have an impact on the hot housing market today.
The post The Fed Doesn’t Expect Rate Hikes Until 2023, but They Could Affect Today’s Housing Market appeared first on Real Estate News & Insights | realtor.com®.
Will rising inflation be the force that cools down the double-digit price growth—or what catapults the cost of buying a home even higher into the stratosphere?
The post Will Rising Inflation Cool Down—or Further Inflame—the Hot Housing Market? appeared first on Real Estate News & Insights | realtor.com®.
The high prices and lack of homes on the market don’t seem to be stopping many first-time buyers from diving into the ultracompetitive housing market.
The post This Is the No. 1 Reason First-Time Home Buyers Are Wading Into the Hot Housing Market appeared first on Real Estate News & Insights | realtor.com®.
The one bright spot for home buyers in this hypercompetitive market has been record-low mortgage rates. But those rates just crossed the 3% threshold.
The post Mortgage Rates Tick Up Over 3 Percent, Dealing Battered Home Buyers Another Blow appeared first on Real Estate News & Insights | realtor.com®.