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Jaspreet Singh: A Housing Market Recession Is Coming — What This Means for Homebuyers

To combat recently rising inflation, the Federal Reserve Bank (the Fed) has been increasingly raising interest rates. This also has had a direct impact on increasing mortgage rates. This and other...

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Home economics: The human cost of the affordability crisis

Soaring mortgage rates have combined with high housing prices to push homebuying out of reach for many people, causing major knock-on effects on their lives.

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New home sales increase in September to highest rate in 19 months

Sales of new homes shot up in September, a sign that some buyers are wading into the housing market even as mortgage rates soar to multiyear highs.

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Existing home sales fall to lowest level since 2010 as high mortgage rates freeze market

Home sales in September slowed 2% to a seasonally adjusted annual rate of 3.96 million, the National Association of Realtors reported Thursday, as higher mortgage rates priced out many would-be buyers and led many homeowners to avoid selling and having to reenter the home loan market.

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Rent prices fall in September for the first time in six months

Rent prices fell in September, a sign that pressures in the rental market might be starting to abate after months of increases.

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Mortgage applications hit lowest level since 1996 as soaring rates crush affordability

Mortgage applications have fallen to the lowest level in some 27 years as homebuyers shy away from rising mortgage rates that have hit highs not seen since the turn of the century.

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