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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 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.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
U.S. Housing Starts Skyrocket To 10-Month High
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
1h
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 ...
1d
on MSN
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 ...
11h
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 ...
2d
on MSN
This unassuming Midwestern city has been named the hottest housing market in the country
An unassuming Midwest city has surprisingly ranked as the hottest housing market in the country, according to Realtor.com.
4h
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 ...
3h
Rockford becomes nation's 'Hottest Housing Market' for first time, according to Realtor.com
Rockford may be just the fifth largest city in Illinois, but its housing market has been named the hottest in the nation.
8d
on MSN
Housing Market Map Shows Five Cities Expected To Heat Up in 2025
According to a new Zillow report, Buffalo, New York, and four other cities in the Northeast and Midwest will have the hottest ...
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 ...
1d
on MSN
U.K. Housing Market Picked Up in December, Survey Says
The residential sales market continued to strengthen as house prices increased and new buyer inquiries rose further in ...
11d
on MSN
Florida Housing Market May Be Shifting: 'Add Gas To the Fire'
Florida's median home value is $408,400. With growing inventory, the market might soon shift in buyers' favor.
11h
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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