Soaring interest rates, inflation ‘headwind’ slowing real estate demand: Expert
The Perot Group Chairman Ross Perot Jr. says new home sales ‘depend on the market,’ which is facing inflation and rising interest and mortgage rates.
Recession dependent on ‘policy, leadership’ out of Washington: Perot Jr.
The Perot Group Chairman Ross Perot Jr. argues current fiscal policies will lead the U.S. to a recession.
Mortgage applications fall further
Rising mortgage rates are having an impact on the housing industry as several areas of the industry are seeing declines.
30-year mortgage rate sees largest decrease since March
Mortgage rates decreased slightly last week but affordability remains a challenge for many homebuyers, according to economists.
New home sales plunge nearly 17% in April
The Census Bureau reported that the median sales price of new homes hit $450,600 last month. With interest rates now upward of 5%, the rising cost of homeownership is pricing more would-be buyers out of the market.
Today’s mortgage refinance rates: 20-year rates freefall back under 5% | May 24, 2022
Check out the mortgage refinancing rates for May 24, 2022, which are mixed from yesterday.
Still time to save: 10- and 15-year mortgage rates hold steady | May 24, 2022
Check out the mortgage rates for May 24, 2022, which are mixed from yesterday.
Texas, Virginia, Florida metros are still 'relatively' affordable: report
Prices in metros that were once affordable are climbing and increasingly pricing out buyers from the market. Inflation, now at a nearly four-decade high, is worsening the impact.
VA streamline refinance: How it works and when to get one
Borrowers with a current VA-backed mortgage could refinance for a lower rate in less time with a VA streamline refinance. Check to see if you qualify.
Today’s best mortgage refinance deal? Look to 15-year rates | May 23, 2022
Check out the mortgage refinancing rates for May 23, 2022, which are mixed from last Friday.
Today's mortgage rates: 30-year rates sink to 22-day low | May 23, 2022
Check out the mortgage rates for May 23, 2022, which are largely down from last Friday.
Should I refinance my mortgage now?
In some situations, refinancing your mortgage makes a lot of sense. Find out the best times to do it.
HELOC loans surged at end of 2021 amid rising mortgage rates: TransUnion
As mortgage rates increase, HELOC loans have risen in popularity, according to TransUnion.
Today’s mortgage refinance rates fall across 3 terms | May 20, 2022
Check out the mortgage refinancing rates for May 20, 2022, which are mostly down from yesterday.
Today's mortgage rates: Look to 15-year terms to save | May 20, 2022
Check out the mortgage rates for May 20, 2022, which are mixed from yesterday.
Best cash-out refinance lenders of 2022
A cash-out refinance allows you to tap the equity in your home. Find out which mortgage lenders make the process simple.
Seller profits drop at fastest pace in a decade amid home price growth slowdown: ATTOM report
Home price growth slowed in the first quarter of 2022 and home sellers saw their profits drop at the fastest rate in about 10 years, a new report said.
Existing home sales fall for third straight month, slowest pace since June 2020
The sale of existing homes declined in April to a pace not seen since June 2020 amid rising interest rates and sky-high home prices.
Savings window opens: 20-year rates tumble more than half a point | May 19, 2022
Check out the mortgage rates for May 19, 2022, which are mixed from yesterday.
When is a line of credit on your mortgage the best choice?
HELOCs can be used for renovations, large purchases, debt consolidation of higher interest credit cards and loans, and college tuition.