30-year fixed mortgage rates averaged just 7% last week, the first time in 20 years, according to Freddie Mac. With the Federal Reserve expected to announce yet...
Investors have become too complacent about black swan risks. If you feel like housing prices are out of control, you’re not alone. A Pew Research survey...
The Federal Reserve has a simple inflation fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across...
Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level...
How will the ‘housing correction’ shift home prices? To find out, Fortune examined six revised forecast models. Read More
To better understand the ongoing housing cycle, let’s take a closer look at how it does—and doesn’t—look like a housing bubble. Read More
“Home prices are already adjusting down, and we could see that continue until consumer confidence and affordability resets,” Ali Wolf, chief economist at Zonda, tells Fortune....
47.8% of Provo home sellers cut their list price in May. Read More
Fed Chair Jerome Powell finally addressed the central bank’s plans for the U.S. housing market. Read More
Planning a wedding, being fired, having a child—they’re among life’s most stressful milestones that sometimes require a cathartic cry to cope. Add to that list “buying...