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

Thu, 10/19/2023 - 13:05

Mortgage home sales — Sky-high mortgage rates keep battering the US housing market, with the 30-year fixed mortgage clocking in at 8% this week.
Lucas Jackson/Reuters

Markets, mi-exclusive, housing-market, us-housing-market, home-sales, us-home-sales, housing-inventory

A government shutdown would impact 1,300 home sales each day as insurance program expires

Fri, 09/29/2023 - 09:50

Tech Insider : Economy

A for sale sign. — A for sale sign.
Feverpitched/Getty Images

Markets, mi-exclusive, housing-market, us-home-sales, Mortgages, nahb, home-sales

The housing market is seeing more buyers get cold feet as mortgage rates soar

Fri, 09/15/2023 - 12:16

An above shot of houses, yards, and streets. — US housing market
adamkaz/Getty Images

Markets, mi-exclusive, housing-market, home-deals, us-home-sales, home-prices, mortgage-rates

The housing market is stuck: Americans can't afford homes, investors aren't buying property, and economists see little relief ahead

Sat, 09/02/2023 - 08:15

The housing market is stuck thanks to high prices, high mortgage rates, and low inventory. — The housing market is stuck thanks to high prices, high mortgage rates, and low inventory.
UCG / Getty Contributor

Markets, mi-exclusive, Markets, housing-market, home-sales, mortgage-rates, home-prices

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