Fed pauses interest rate hikes, but high mortgage rates could be here to stay
The Federal Reserve left interest rates unchanged for the first time in months, but mortgage rates are unlikely to fall despite the long-awaited pause.
Housing starts unexpectedly plummet to lowest level since 2020
New U.S. home construction fell 11.3% in August to the lowest level in three years as a spike in mortgage rates suppresses demand among would-be buyers.
Homebuilder sentiment plunges again amid spike in mortgage rates
Sentiment among U.S. homebuilders unexpectedly fell into negative territory in September as high mortgage rates weighed on consumer demand for new homes.
Gisele Bündchen buys $9.1 million Florida mansion
Former Victoria's Secret model Gisele Bündchen bought a lavish and modern estate located in Southwest Ranches, Florida. The sprawling property is 7.5 acres.
Monthly home prices hit all-time high, driving pending sales down
Monthly home prices in the United States hit an all-time high during a four-week period ending in September with mortgage rates hovering over 7%.
'Brady Bunch' house sells for much less than asking price; buyer calls it 'worst investment ever'
The home that served as the exterior for "The Brady Bunch" was transformed by HGTV to look exactly like the house from the sitcom. A woman recently bought it for $3.2 million.
Why are home prices so expensive? Blame the boomers, Barclays says
Would-be homebuyers nationwide. are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.
Mortgage rates hold steady above 7% ahead of Fed's next move: Freddie Mac
The average 30-year fixed-rate mortgage decreased to 7.12% for the week ending September 7, according to Freddie Mac's latest Primary Mortgage Market Survey.
Why can't you find a house for sale?
The U.S. has a worsening housing shortage crisis caused by years of underbuilding, the astronomical rise in mortgage rates and a lack of new construction.
Mortgage demand plummets as high rates squeeze buyers
Home-purchase applications tumbled last week to the lowest level in nearly three decades as high interest rates and limited availability weighed on demand.
Los Angeles proposal to place homeless in vacant hotel rooms draws criticism
Los Angeles residents will vote next spring on a proposal that would have hotels place homeless people in vacant rooms through a voucher program administered by the city.
Half of homeowners want to move but feel stuck: survey
High mortgage rates and home prices are the top two reasons keeping homeowners from moving house, according to a recent survey by Point.
US pending home sales rise at fastest pace in 7 months
Signed contracts to buy previously owned homes in the U.S. increased in July for the second consecutive month, despite a recent spike in mortgage rates.
Cheap mortgages kept housing from crashing but also subdued inventory: Zillow
Historic low mortgage rates spurred a housing frenzy two years ago and provide a floor for how low home prices can drop today, according to Zillow.
Home prices rose for fifth straight month in June
U.S. home prices continued to march higher in June, according to new S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.
US housing market faces new hurdle: Student loan repayments
The resumption of federal student loan payments this fall could hit the housing market, which has already been walloped by the spike in mortgage rates.
Home prices could surge over the next year as affordability crisis worsens
A new Zillow forecast projects that home prices may climb 6.5% over the next year as an affordability crisis for would-be homebuyers continues to worsen.
America's skilled worker shortage impacting construction, manufacturing industries
The U.S. economy is facing a shortage of skilled workers that is impacting the construction and manufacturing industries in particular, prompting a search for a new talent pipeline.
The US housing market may be trapped in a prolonged freeze
Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.
Mortgage lender Better has bad IPO before rebound
Mortgage lender Better Home & Finance Holding is hoping to move past its bad IPO, which debuted as the 30-year fixed mortgage rate hit the highest since 2001.
















