Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

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Thomas Lee Tom Lee Fundstrat
Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.

Brendan McDermid/Reuters

This year's housing market was the least affordable since 2013

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2023 was the least affordable housing market on record, Redfin said.

AP

The housing market is in for a new 'golden age' of home construction, real estate veteran says

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Home builders could see a new "golden age" next year, according to one real estate veteran.

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Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says

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Start afresh in a brand new place.

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It's getting easier to buy a house as new-home construction sees a surprising jump

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New house under construction, front view from garage door entry with clouds blue sky
Home building and housing sector sentiment is on the rise.

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Shark Tank's Barbara Corcoran says you're 'dead wrong' if you try to wait for a better deal on the housing market

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Barbara Corcoran
Barbara Corcoran.

BI

Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

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Price cuts are more common than normal this time of year, Zillow said.

Jessica Rinaldi/Reuters

The Fed brought some relief to the housing market

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The Federal Reserve's rate cut outlook is already being felt in mortgage rates.

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Mortgage refinancing surges nearly 20% in one week, MBA says

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Aerial view of a residential area with houses in the Phoenix suburb of Chandler.
Aerial view of a residential area with houses in the Phoenix suburb of Chandler.

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Mortgage rates are sinking, but don't try to time the housing market by waiting for them to fall further, BofA exec says

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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

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