Homebuyers facing challenges in hot housing market
A shortage of homes for sale continues to boost prices by double digits across the country. Those looking to buy are being pushed to extremes to win bids. CBS MoneyWatch…
Seemingly homebuyers set up down funds on ice as mortgage charges rise
Rising mortgage charges are pressuring some prospective homebuyers to position the money they’ve saved up for a down price off to the aspect. CBS News’ Elaine Quijano and Tony Dokoupil…
30-one year fixed-payment mortgage sensible reaches highest level since 2001
The everyday pastime payment on the popular U.S. dwelling mortgage has reached its highest level in additional than two a protracted time. Danielle Hale, chief economist for realtor.com, mentioned how…
Housing market reacts to decreased curiosity charges
Exact estate skilled Rogers Healy explains how the housing market is reacting to the Federal Reserve’s decision to lower curiosity charges for the predominant time in a decade. Subscribe to…
Mortgage charges hit two-decade high
Mortgage charges contain climbed to their absolute top stages in two decades. The moderate 30-one year mounted-payment mortgage now tops 7%. “CBS Data Mornings” spoke with Javier David, managing editor…
Inflation causing housing affordability disaster
Rrecord-high inflation is making homelessness worse across the U.S., according to a document from the Washington Post. Rachel Siegel co-authored that article and joins Lana Zak on CBS News to…
Much less dear to rent than own in most main U.S. cities
With mortgages on the upward thrust, it has turn out to be much less dear to rent a dwelling than to like one in 45 of the 50 greatest cities…
First-time homebuyers priced out as “starter homes” vanish from market
As soon as ubiquitous “starter homes” beget been disappearing from the U.S. market. Joseph Gyourk, a professor at the Wharton College of Change, joins CBS News to chat concerning the…
Sellers making concessions to ranking homes off the market
While mortgage rates are high, many other folks searching to sell homes are making concession in disclose to ranking properties off the market. Taylor Marr, deputy chief economist at Redfin,…
Knowledgeable on housing market predictions, earnings reports, recession fears and more
The Fresh York Inventory Substitute ended fairly flat on Wednesday. Dory Wiley, the president and CEO of Commerce Avenue Holdings instructed CBS Files that overlooked expectations drove the markets, as…