A Phoenix man got a 2.375% mortgage rate this year. He broke down how.

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Terry Day.
Phoenix realtor Terry Day used an assumable mortgage to buy a home this October.

Courtesy of Terry Day

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

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Mortgage Rates
In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.

AP Photo/David J. Phillip, File

The 'tide turns' in the housing market as asking rents fall by the most in nearly 4 years

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Houses with a 'for rent' sign in front of them

Peter Dazeley / Getty Images

Baby boomers got rich off real estate and they are in perfect position to do it again

Tech Insider : Economy
A happy couple outside a house.
Baby boomers built a lot of wealth through home equity.

Ariel Skelley/Getty Images

The housing market is historically unaffordable - but a record number of Americans now own their home without a mortgage

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housing
A record number of Americans own their homes without a mortgage.

REUTERS

From rates to inventory, here's where the US housing market stands in 4 charts

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Suburbs
The housing market in the US has been hobbled by decades-high mortgage rates and stubbornly high prices.

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Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market

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Rows of suburban homes in Ocala, Florida
Ocala, Florida

Michael Warren/Getty Images

The housing market is in a bubble, but home prices may not fall anytime soon, says regulator who oversaw last crash

Tech Insider : Economy
An above shot of houses, yards, and streets.
US housing market

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