Page 16 - Mark Fleming News Today

The rate on the 30-year fixed mortgage edged higher to 6.71% from 6.67% the week prior, according to Freddie Mac.

A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high prices and elevated mortgage rates. It’s not sellers, many of whom are not even in the game. The winners: The homebuilders.

A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high prices and elevated mortgage rates. It’s not sellers, many of whom are not even in the game. The winners: The homebuilders.

Homeownership has long been regarded as an integral part of the American dream, symbolizing independence, financial security and prosperity — aspirations shared by many. 

Homeownership has long been regarded as an integral part of the American dream, symbolizing independence, financial security and prosperity — aspirations shared by many. But renowned real estate investment guru Grant Cardone challenges this notion. In an Instagram post earlier this month, he wrote, “Buying a home without a doubt is the WORST investment people can make, yet it’s also the most common one.” Cardone, also known as Uncle G, aims to alter this perspective a...

Shopper, acquired by Woolworths Group’s Cartology, has signed partnerships with 40 new centres this financial year.

A top ranked economics and finance blog with a focus on the housing market

Affordability trends in the coming months will depend on mortgage rates and the supply and demand dynamics fueling nominal house price appreciation.

Affordability trends in the coming months will depend on mortgage rates and the supply and demand dynamics fueling nominal house price appreciation.

Have mortgage interest rates peaked or will they finally drop? Here's what experts think will happen.