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Page 5 - Senior Economist Nicole Bachaud News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US Home Prices cooled Sharply To End 2022 — But Affordability Still Elusive

Home price growth fell 5.8 percent annually in December, the latest Case-Shiller Index shows. The FHFA also recorded a chill in appreciation.

United statesCraigj lazzaraGeorge ratiuNicole bachaudNataliya polkovnichenkoLas vegasNational composite indexHousing finance agencyDivision of researchInman connect las vegasFederal housing financeManaging directorNational compositeCity compositesSenior economist george ratiuFederal housing finance agency

Mortgage rates top 7%, hitting highest level since 2001

Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.

United statesNicole bachaudJoel kanLawrence yunNational association of realtorsFederal reserveMortgage bankers associationSenior economist nicole bachaudChief economist joel kanRealtors chief economist lawrence yunMortgage ratesReal estate

Mortgage rates top 7%, hitting highest level since 2001

The average interest rate on a typical 30-year mortgage surpassed 7% this week, the highest level since 2001.

United statesFreddie macNicole bachaudJoel kanLawrence yunNational association of realtorsFederal reserveMortgage bankers associationSenior economist nicole bachaudMortgage bankersRealtors chief economist lawrence yun

Nearly A Third Of Income Gobbled Up By Monthly Mortgage Payments Now

The share of income required to afford a mortgage has risen to 30.2 percent, well above the norm of 22.8 percent, according to Zillow data.

United statesSalt lake cityNicole bachaudLas vegasInman connect new yorkSenior economist nicole bachaud

Home sales in Columbus area plunge as Ohio housing market weakens

Franklin County home sales plummeted in September, the clearest sign yet that the Columbus-area housing market is weakening.

United statesFranklin countyNicole bachaudMichael stinzianoJim weikerthe columbusFranklin county auditor michaelColumbus realtorsSenior economist nicole bachaud

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