The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

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homeowner porch housing

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It's not just stocks - high bond yields are also laying waste to commodities, currencies, and housing

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New York stock exchange

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Mortgage Rates: Average Mortgage Interest Rates by State, Credit Score, Year, and Loan Type

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Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

Legendary investor Jeremy Grantham warns the S&P is likely to crash by 30% - and could nosedive 50% if the 'wheels fall off'

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Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), lays out the financial case for divestment at the Fossil Fuel Divestment State of the Movement event in San Francisco in Septemebr 2018.
Jeremy Grantham.

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Current second home mortgage rates

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Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

America's biggest cities have 5.5 million empty homes

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Colorful homes in New Orleans, Louisiana

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The housing market is following a similar playbook from the 1980s when mortgage rates doubled. Here's what it could mean for homebuyers today.

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homes for sale

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Here's how one top Fed official is thinking about the increasingly unaffordable US housing market

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Tom Barkin
Tom Barkin

Federal Reserve Bank of Richmond

Applications for home loans have plunged to the lowest level since 1996 as mortgage rates notch 23-year highs

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A mother and her daughter walk past a 'for sale' sign.
The 30-year fixed mortgage rate notched 7.53% over the last week, per the latest MBA data.

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The US housing market is set to cool this fall, setting up a rare opportunity for buyers as sellers slash prices, Zillow says

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A house surrounded by snow, with a

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