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Mortgage rates climb above 7% for 1st time in 8 months
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Mortgage Rates Surpass 7 Percent Mark
Mortgage rates, or interest rates on home loans, increased for a fifth consecutive week and breached the 7 percent mark, according to
Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.
Trump, HU and Fair Housing Act
Trump’s pick to lead HUD faces the least affordable housing market in recent history. 3 takeaways from his confirmation hearing.
Scott Turner, a former NFL player who served in the first Trump administration, fielded questions from lawmakers as the potential next Housing and Urban Development secretary.
Cortez Masto presses HUD nominee on Trump’s prior cuts to affordable housing
Department of Housing and Urban Development nominee Eric Scott Turner said his main goal would be to tackle the housing shortage.
Trump’s Housing Pick Emphasizes Need to Build More Affordable Housing
Scott Turner, an official during the first Trump administration, said that the country was not building enough homes and that the housing department was “failing at its most basic mission.”
Housing starts jumped
Housing starts jumped in December
Usually, construction slows down in the colder months. The growth could signal a strong homebuilding period in 2025.
US single-family housing starts, permits hit 10-month high in December
U.S. single-family homebuilding increased to a 10-month high in December, indicating some improvement in housing activity at the end of the year, though rising mortgage rates and an oversupply of new properties on the market could constrain recovery.
U.S. Housing Starts Skyrocket To Ten-Month High In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. surged by much more than
9d
What’s in Store for the Housing Market in 2025?
The housing market has had a wild ride over the past five years. In the first few years after the COVID-19 pandemic, when ...
3h
Seattle-area housing market remains far from peak years despite pickup
Mortgage rates barely budged last year. While buyers enjoyed a brief dip to just above 6% in September, rates ended the year ...
12h
Metro Phoenix's housing market bucks December slowdown; sales up 51% in Glendale in 2024
January is usually a slow month too, but a surge in Valley million-dollar sales after the election could push up prices and ...
5h
on MSN
Hopes are high that home builders will fix America’s housing crisis. But the data tell a different story.
Construction of new homes jumped in December, but a look at 2024 overall shows builders weren’t ramping up construction ...
2d
LA renters concerned over hikes as wildfires squeeze California’s already tight rental market
No tenant ever wants to receive notice that their landlord is increasing their rent—especially when they’re living through ...
6d
on MSN
Fire victims compete to find new homes as real estate market rages in Pacific Palisades, Altadena
With thousands of people displaced from their homes, the real estate markets around Pacific Palisades and Altadena are raging ...
Bisnow
5d
Rebuilding From 'Utter Devastation' Will Intensify California's Existing Cost, Housing Problems
The devastating LA wildfires have destroyed 12,000 structures in Los Angeles, worsening its already strained housing and ...
13h
on MSN
Housing costs, inequality and resiliency issues eat into Houston's competitive edge, report says
While the Houston region stands out for job growth and a bustling high-tech sector, a new report does not put it among the ...
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