Housing Market News
Pending Home Sales Post Biggest Decline in 3 Months as High Rates, Iran War Chill Market
Easter weekend also sidelined many would-be buyers. The Iran war ceasefire announced Tuesday could ease mortgage rates. U.S. pending home sales fell 2.4% year over
Monthly Payments Tick Up For First Time in 6 Months As Mortgage Rates, Home Prices Jump
The Iran war is a major factor pushing up mortgage rates. Some would-be buyers are backing off amid high costs and uncertainty stemming from the
Market Jitters Drive Mortgage Rates Up, Sending Some Would-Be Homebuyers to the Sidelines
Higher housing costs, along with economic uncertainty that comes with the Iran war, are causing some house hunters to think twice. The weekly average mortgage
Mortgage Rates Jump Back Above 6% As Pending Home Sales, New Listings Post Small Improvements
A Redfin agent in Austin said the upside of higher mortgage rates is that they decrease competition, allowing house hunters to negotiate prices down and
More Sellers Test the Market, Hoping For a Spring Surge in Homebuyers
After several months of declines, new listings are posting a small improvement. Sellers are betting on mortgage rates that are closer to 6% than 7%
House Hunters Stayed on Sidelines As Rates Dipped Below 6%, Iran War Adds to Market Uncertainty
High prices and economic uncertainty kept demand muted; now, rates are already rising again and global tensions could add to homebuyer hesitation. The median monthly