Financials

Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022

Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states

Home Prices Are Still Rising, But Buyers Aren’t Slowing

Rising mortgage rates may not be the be-all and end-all of home purchases for woeful buyers. Instead, they might actually offer a window of opportunity for some

When Will Rising Mortgage Rates Reach Their Peak?

Mortgage rates are tipping beyond 5%, but market inflation won't be the norm forever

Overvalued Markets Could See Significant Price Deceleration, Economists Say

Home prices are rising faster than household incomes in many metro markets across the U.S., but more balance could be on the horizon, some economists say

Business financials advice, reports, and trends for professional home builders and remodelers.

Money, house model, and lock for mortgage rate

Homebuyers Are Relying on Discount Points and Rate-Locks to Endure Rising Mortgage Rates

As the 30-year fixed-rate mortgage creeps closer to 6%, buyers are locking in rates to avoid more price hikes in the months to come

Homeowners Are Pocketing Over $6 Trillion in Equity Post-Pandemic

Record housing appreciation is helping some homeowners build substantial wealth, while would-be buyers are priced out on the opposite end of the housing market

Monthly Mortgage Payments Are Up to an All-Time High

The typical monthly mortgage payment shot up 39% in April—the biggest annual gain on record

Rising Mortgage Rates, Home Prices Slow Homebuyer Competition

Bidding wars are easing across the U.S. for the first time in six months after the most recent jump in mortgage rates

Home Prices Could Rise Another 11% This Year, Fannie Mae Predicts

The days of hefty home price increases aren’t yet behind us, but more gains could lead to a long-awaited slowdown ahead of 2023

Closing Costs Are Reaching New Highs

The latest roadblock in an ongoing affordability crisis is the result of soaring closing costs on home purchases, making it difficult for first-time buyers to close on home sales in an already pricey market

Economics

What a Yield Curve Inversion Means for the Housing Market

Talks of recession are mounting after a rare inversion of the yield curve during the final week of March, but economists aren’t worried—here’s why

Financials

Buyers Are Turning to Risky Adjustable-Rate Mortgages as Housing Prices Rise

Adjustable-rate mortgages were one of the causes of the Great Recession in 2007, and as housing prices escalate to new record highs, they’re making a comeback nationwide