Home sales surged in October before mortgage rates jumped
A home with a “Sold” sign from a real estate company in North Patchogue, New York. Steve Pfost | Newsday | Getty Images A sharp drop in mortgage rates brought …
Lawrence Yun
Existing home sales rose 3% in January 2024
A real estate agent walks into a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images Sales of previously owned homes rose 3.1% in January to …
Mortgage interest rates expected to drop in 2024
If you were priced out of the housing market in 2023, you might have better luck finding an affordable home in 2024. Mortgage rates are expected to decrease by nearly …
Foreign buyers are bailing on the U.S. housing market. Here’s why
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make …
Mortgage rates won’t go back to 3% anytime soon: Real estate expert
If you’re a U.S. homebuyer waiting for a return to super-low mortgage rates, don’t hold your breath. The short-lived era of 3% interest rates for 30-year fixed mortgages is over, …