Mortgage rates have been steadily rising over the past year, and with the Federal Reserve’s latest rate hike, there likely won’t be a slowdown any time soon, according to one economist. The rise in interest rates “means that mortgage rates are going to continue to rise and that we’re going to see some pullback in […]
The housing slowdown we’ve been anticipating for months is here. The big picture: Home sales are slowing down, and some of the pandemic era’s hottest “Zoomtowns” — sleepy areas where remote workers pushed up real-estate prices — are already seeing price drops. Why it matters: The idea of a real estate downturn might seem scary, especially […]
The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data. Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including Reno, Nev., Austin, Texas, and […]
As the real estate market boom continues across the country, demand isn’t expected to slow down in the Upstate any time soon.At the beginning of 2022, realtors told WYFF News 4 that it was tough to keep houses on the market.“It may slow down everywhere else, but not here,” Palmetto State Home Mortgage owner Shawn […]
Digital mortgage lender Better filed paperwork Thursday to go public via SPAC, or special-purpose acquisition company, in a move that comes during a particularly challenging period for homebuyers. The grueling macroeconomic circumstances have affected both Better and its customers, contributing to the company’s decision to go public, a source familiar with the matter told Yahoo […]
