Average long-term US mortgage rate hovers near 7%
The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.
The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.
Baltimore sells $1 houses in effort to combat vacant home crisis
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents.
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents.
Housing benefits could lure employees back to office, survey shows
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Time to sell your home? Here are 3 questions to ask yourself
As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision.
As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision.
Home buyers need to make $47,000 more than in 2020 to afford a home
A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.
A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.
The two things Biden proposed to shake up the housing market
The president wants to make housing more affordable through a pair of tax credits. Here’s how it works.
The president wants to make housing more affordable through a pair of tax credits. Here’s how it works.
Rent prices are changing thanks to 'apartment-building boom' – what renters should expect
Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.
Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.
Here's where Gen Z consumers can buy a home in the U.S.
Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.
Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
US home prices rise again in November as inventory shortage persists
Housing is expensive for a record half of American renters, study shows
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
About 24% of renters in America say they can no longer afford their rent, study says
While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.
While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Just a fraction of homes for sale in 2023 were affordable for the typical American
Cash offers for homes reach near decade high in September
Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.
Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.
Missouri jury finds realtors guilty of inflating home sale commissions
The companies have to pay more than $1 billion in damages in a lawsuit involving thousands of sellers of homes.
The companies have to pay more than $1 billion in damages in a lawsuit involving thousands of sellers of homes.
US housing market needs 1M more homes to satisfy demand
National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.
National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.
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.
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.
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
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.
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.
These four US cities face the biggest housing shortages
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
California courthouse parking lot turns into homeless encampment with 24/7 security
One of California’s famous wine regions has a government-sanctioned homeless encampment set up near the local courthouse, Fox News Digital has learned.
One of California’s famous wine regions has a government-sanctioned homeless encampment set up near the local courthouse, Fox News Digital has learned.