Recent developments in the U.S. housing market
Interest rates have been above the 7% mark since August of this year, the highest level since the early 2000s. Elevated rates are pushing more homebuy ...
Recent developments in the U.S. mortgage market
Treasury yields rose to the highest levels in 16 years with the yield on 10-year Treasuries hitting a high of 4.8% on October 17, 2023. Higher 10-yea ...
Home prices are expected to rise in 2024: 'There are simply not enough homes' to meet demand, says economist
Despite a recent slump, home prices are expected to continue to rise in 2024, according ...
Due, in part, to the ongoing inventory problem keeping home prices elevated, many economists predict the housing market is more likely to correct itself from the double-digit percentage jumps seen in ...
Even with the steady rise in foreclosures that resulted after the expiration of the Covid-19 foreclosure moratorium in September 2021, foreclosures remain below pre-pandemic levels. In 2022, foreclosu ...