More homeowners just started pulling cash out of their properties. Here’s why.
U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have ...
Tag: Mortgages
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 ...
Zillow adds climate risk data to home listings as threats rise
Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That's ...
Home prices hit record high in May as sales stall
Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit ...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
Cultura Rm Exclusive/twinpix | Image Source | Getty ImagesHome equity is near all-time highs. But tapping it may be tough ...
November pending home sales were unchanged, despite a sharp drop in mortgage rates
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to ...
‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros
This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows ...
‘Small percentage’ of bank deposits have been delayed by a glitch since last week, creating chaos for paying mortgages and rent
A processing glitch in the network that processes electronic transfers between nearly all U.S. bank accounts led to delays in settling ...
The housing market was already painful, ugly and anxious. Now the 8% mortgage rate is back
Today's housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand ...
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are ...
