U.S. 30-Year Mortgage Rates Climb to a Two-Year High Above 7.16% as Buyers Face Larger Monthly Payments and Tighter Affordability
Rates have moved above 7% for the first time in years, squeezing monthly budgets even as some buyers keep moving.
Rates have moved above 7% for the first time in years, squeezing monthly budgets even as some buyers keep moving.
A single mother behind on rent nearly skipped her hearing, but court appearances in Precinct 7 connected her to help that put her back on track.
Zillow says renting cost less than buying in all 50 major U.S. metros, with the widest gaps in expensive coastal markets.
Residents say repeated complaints have gone unanswered while management keeps the utility billing system in place and offers only limited changes.
City funding and private assistance are aimed at easing the biggest barrier many buyers say stands between them and a first home.
A three-bedroom unit once occupied by a tenant who was shot on the property is now listed online while the landlord awaits trial.
Homeowners with ultra-low pandemic-era mortgage rates can still move if they use equity, points, assumable loans or a recast.
ResiClub says stretched budgets and builder financing tactics are making FHA loans a bigger part of new-home sales.
A new survey finds most owners still value homeownership, but hidden expenses and market pressure are fueling second thoughts.
Economists and industry executives say the housing market looks more like a correction than a collapse, even as mortgage rates stay elevated.
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