Home prices could drop 5% next year if mortgage rates stay at 2-decade highs, Morgan Stanley says

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reduced house price
The 30-year fixed mortgage notched 8% this week, its highest level since the year 2000.

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The average American's net worth is at an all-time high. Here's how it breaks down by generation.

Tech Insider : Economy
Middle-aged man and woman hold hands as they walk down a cobblestone path, away from their single-story home
Being a homeowner comes with several potential tax deductions.

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Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market

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Sky-high mortgage rates keep battering the US housing market, with the 30-year fixed mortgage clocking in at 8% this week.

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The 10 cities with the most competitive housing markets

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Omaha Nebraska
Omaha, Nebraska, is one of the most competitive housing markets in the country right now.

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The interest rate on the most popular American home loan hits 8% for the first time since 2000

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Mortgage rates have marched steadily higher throughout 2023, breaching 8% on Wednesday.

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The 30-year mortgage rate hits a new 23-year high, pushing closer to 8%

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Housing has never been this unaffordable - and home prices are only going to keep rising, Goldman Sachs says

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An above shot of houses, yards, and streets.
US house prices will carry on rising despite record-low affordability levels, according to Goldman Sachs.

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The top 10 states people are flocking to

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Two people fly fishing in a creek.
Silver Creek, Idaho.

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Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low

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Rows of suburban homes in Ocala, Florida
Ocala, Florida

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This chart shows how housing affordability has plunged across the US

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Home affordability has plunged in the US
Home affordability has plunged in the US since 2019

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