2026 presents a catch-22 for the Fed. It normally cuts rates to buoy hiring, which tightened last year, but that could drive up inflation.
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The downturn comes at an interesting time: There are now 47% more sellers than buyers on the market, according to RedFin.
NEADA found the average monthly electric bill has surged 29% since 2021, and natural gas has jumped 50% over the past year.
Aided by falling mortgage rates and a relative glut of supply, home buyers are starting to see the market tip in their favor in the Midwest.
Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.
VantageScore 4.0 credit scores will be available for $4.95 per report, with no added fees, through 2027, Equifax announced on Tuesday.
The roaring August demand put a serious dent in the glut of new homes on the market, with inventory falling to the lowest level this year.
In an interview with Barron’s, Lowe’s CEO Marvin Ellison said a rebound is inevitable in America’s something’s-gotta-give housing market
Prices for existing homes in the US inched up just 0.2% in July, according to a National Association of Realtors report published Thursday.
A full 37% of homebuilders have slashed prices this month, down ever so slightly from a record 38% in July.
The new rules could let homebuyers keep their crypto and use it to qualify for loans though mainstream banks.
More than half of US adults think inflation will increase this year and that’s more than double those who expect prices to come down, according to Northwestern Mutual.
The prices that were supposed to be going down “starting on Day One,” as the White House promised, are going up instead.
Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.
Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.