Real Estate

Mortgage rates surge to highest since September, hitting spring housing market

Mortgage rates jumped to a seven-month high Friday as war in Iran pushed bond yields higher.

'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know

Heading in the spring home selling season, buyers should know what their options are before locking in an interest rate for a new mortgage, experts say.

Housing affordability bill clears Senate as investor ban creates headaches

The Senate passed the bill 89-10, but House lawmakers say more changes are needed before it could go to President Donald Trump's desk.

Investor ban on buying homes stalls housing affordability bill

A bill to increase housing supply and decrease costs is set to sail through the Senate on Thursday, but House leaders foresee further negotiations.

Weekly mortgage demand from homebuyers increased despite big interest rate volatility

Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back.

February home sales see small rebound, but supply growth is 'sluggish'

Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season.

As Iran war disrupts oil prices, consumers could be 'hammered,' economist says

The Iran war may impact U.S. consumers far beyond the gas pump, raising inflation expectations and causing an uptick in the yield on the 10-year Treasury note.

Middle-income homebuyers have $30,000 more buying power than a year ago, research finds. It's still not enough

While the amount that a median-income household can afford is higher than it was a year ago, it is still below the median price for a single-family home.

Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM

Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks.

Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low

Frustrated sellers who pulled homes off the market last fall are now relisting them at a quick pace, thanks to lower mortgage rates, but supply is still low.

There’s a push to cut capital gains taxes on home sales — how it could impact the housing market

Some lawmakers want to reduce or eliminate capital gains on home sales. Here's how that could impact housing affordability.

Big investors have been fleeing for-sale housing market, even before Trump ordered ban

President Donald Trump wants to ban big investors from buying single-family rental homes, but investors have already been selling due to high home prices.

Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low

Lower mortgage rates last week caused a run on refinancing and renewed interest from homebuyers, but rates have already moved higher again.

Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline

Mortgage rates moved decidedly higher Monday, as the U.S. war with Iran pushed oil prices up and Treasury yields followed.

Mortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines

Mortgage rates dropped to the lowest level since 2022 last week, but demand from homebuyers declined as well, as they continue to struggle with affordability.

5 takeaways from Trump's State of the Union address

Democrats are nipping at the heels of the incumbent Republicans for control of Congress in the 2026 midterms.

Democrats counter Trump's proposal to limit institutional housing investors

A new bill from Sen. Elizabeth Warren targets investors who own 50-plus single-family homes, and breaks with a White House proposal.

Mortgage rates just dropped below 6%, matching lowest level since 2022

Mortgage rates dropped below 6%, matching their lowest levels since 2022, as economic concerns over tariffs and a recent GDP report cause bond yields to drop.

Homebuyers are paying more for mortgage credit checks. Here’s why

Despite being a small part of closing costs, credit report fees have become a flashpoint in the mortgage industry.

Personal loans surge amid affordability struggles: It's 'the middle-class refinancing option,' expert says

Some borrowers are turning to personal loans to refinance credit card debt. Those loans are expected increase nearly 6% this year, TransUnion forecasts

From 'vanlords' to safe parking sites: How RVs became Silicon Valley's housing safety net

Across California, the number of people living in vehicles has surged in recent years due to soaring rents.

Mortgage rates sink to the lowest level in a month, sparking more refinance demand

Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed.

Home sellers start getting lower prices at 70, research shows — and the gap widens with age

Two factors contribute to older homeowners receiving less money at sale, according to new research: lack of upkeep and selling privately.

Realtors report a 'new housing crisis' as January home sales tank more than 8%

Home sales in January fell more than expected as mortgage rates didn't move much and consumer confidence dropped.

FHA mortgage demand rises as borrowers face affordability challenges

Total mortgage demand was flat last week, but FHA demand rose, as that product offers bigger savings.

Credit card debt tops $1.28 trillion — consistent with ‘K-shaped’ economic divide, New York Fed research shows

Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.

Housing affordability package set to advance in Congress amid home-cost concerns

Wide-ranging legislation would reduce regulations for homebuilders while giving local governments incentives to streamline the building process.

A surprising share of homeowners have high mortgage rates. Here's the breakdown

About 20% of borrowers have mortgages with a rate over 6%.

Rough winter weather hits homebuyers, tanking mortgage demand

Mortgage demand dropped sharply last week, even though interest rates moved slightly lower. The culprit was likely the recent winter storm.

How one country is engineering its way out of a construction cost crisis

While a building boom is good for the economy, it presents challenges, with construction costs in Singapore consistently ranked among the highest in the world.

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