Existing-home sales reach one-year high
Sales of previously owned homes unexpectedly increased to a one-year high as buyers rushed in ahead of a surge in mortgage rates, further depleting tight inventories to a record low.
Source: nwaonline.com
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Rising Mortgage Rates Add to the Challenge of Buying a House
The average rate on a 30-year, fixed-rate mortgage is now the highest since May 2019. And home prices are expected to rise, though probably more slowly.
Source: nytimes.com
Forbearance count reverses course and resumes downward slide
An uptick in pandemic-related payment suspensions reflecting new or restarted plan activity previously occurred as the omicron variant spread, but activity has since subsided.
Source: nationalmortgagenews.com
Housing Wealth Is Setting New Records for Both Owners and Sellers
Soaring home prices have created record housing wealth for both homeowners and sellers. These are the stunning numbers.
Source: nbcchicago.com
Housing Wealth Is Setting New Records for Both Owners and Sellers
Soaring home prices have created record housing wealth for both homeowners and sellers. These are the stunning numbers.
Source: nbcphiladelphia.com