Why mortgage rates are doomed to stay above 7% for the foreseeable future

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The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.

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From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers

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buying home

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China just unveiled the strongest remedies yet for its troubled housing market

Tech Insider : Economy, Economy
Apartments under construction in China
Apartments under construction in Wuhan, China.

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Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand

Tech Insider : Economy, Economy
house home price
Home prices fell in several parts of Florida and Texas last quarter.

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15 big US cities where you can buy a house even if you make less than $100,000

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Pittsburgh, Pennsylvania.
Pittsburgh, Pennsylvania.

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Want to sell your home? Get ready for disappointment.

Tech Insider : Economy
A house for sale melting in the summer sun
Gone are the days of throwing up a for-sale sign and waiting for the feeding frenzy to begin. Home sellers are about to get a rude awakening.

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Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says

Tech Insider : Economy
Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York February 17, 2016. REUTERS/Brendan McDermid
Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York

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Soaring insurance costs could finally put a lid on home prices, real estate experts say

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Home prices

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Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen

Tech Insider : Economy, Economy
janet yellen
Treasury Secretary Janet Yellen.

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People are forking out record $2,800 a month on average just to cover their mortgage payments

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US dollars
It's getting more expensive to own a home.

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