Homebuyers nationwide need 34% more income to afford a home
Due to increasing mortgage rates and rising sale prices, homebuyers across the nation will need to earn $76,414 annually in order to afford to typical monthly mortgage payment, according to the technology-powered brokerage Redfin.
Pending home sales slip for fifth straight month
Contracts for home sales dropped another 1.2% in March, marking the fifth straight month of declines amid rising interest rates and soaring prices.
Today’s 30-, 20-year mortgage refinance rates drop | April 27, 2022
Check out the mortgage refinancing rates for April 27, 2022, which are mixed from yesterday.
Time to save? 3 key mortgage rates fall today | April 27, 2022
Check out the mortgage rates for April 27, 2022, which are trending down from yesterday.
Housing shortage, soaring rents squeeze US college students
College students across the U.S. are looking for housing for the 2022-23 school year and if 2021 was any indication, it won't be easy.
Looming 'housing recession' has builders appeal to Biden administration
As mortgage rates and home prices reach record highs, the National Association of Homebuilders is now calling on the White House to take action.
Homebuyer competition dropped for first time in 6 months, report says
March's figures marked the first month-over-month decline since September, which underscores the notion that demand is beginning to cool, according to Redfin.
Can you pay your mortgage with a credit card?
You can pay your mortgage with a credit card, though it’s not the right decision for most homeowners. Be sure to weigh the risks against any benefits.
Rent prices may go ‘even higher’ amid rate hike: ‘Million Dollar Listing’ broker
Real estate adviser Kirsten Jordan provides insight into rising mortgage rates in the housing market.
Today’s mortgage refinance rates: 30-year rates edge down | April 26, 2022
Check out the mortgage refinancing rates for April 26, 2022, which are mostly unchanged from yesterday.
Today's mortgage rates: Savings window opens as 20-year rates edge down | April 26, 2022
Check out the mortgage rates for April 26, 2022, which are mostly unchanged from yesterday.
‘Million Dollar Listing’ broker: Rent in housing market may go ‘even higher’ amid rate hike
Real estate adviser Kirsten Jordan discusses how raising rates with low vacancies are impacting the housing market.
‘Million Dollar Listing’ broker on housing inventory shortage, soaring mortgage rates
Real estate adviser Kirsten Jordan provides insight into rising mortgage rates in the housing market.
FHA adds 40-year mortgage option for those recovering from COVID-19 forbearance
The FHA said it will allow borrowers in need of COVID-related financial assistance to reduce their payments up to 25% with a 40-year mortgage.
Real estate expert on how to address supply shortage 'crippling' middle class
Romer Debbas Managing Partner Pierre Debbas argues the 'biggest obstacle' to adding supply to the housing market is labor shortages and supply chain issues.
15-year mortgage refinance rates notch 6th day at 4.5% | April 25, 2022
Check out the mortgage refinancing rates for April 25, 2022, which are mostly unchanged from last Friday.
Still time to save: Today's mortgage rates hold steady across all terms | April 25, 2022
Check out the mortgage rates for April 25, 2022, which are unchanged from last Friday.
Today's Jumbo Mortgage Rates
If you’re buying a home that costs more than the federal conforming limit, you may need a jumbo loan. Here’s what to know about jumbo mortgage rates.
Inflation has peaked: Investment expert
Gradient Investments President Michael Binger argues valuations have become 'much more reasonable lately.'
Real estate in Charlotte, North Carolina: What you can get for $1M
Charlotte, North Carolina, has been ranked as one of the fastest growing cities in the United States since the early 2000s.