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Tag: Nicole Bachaud

Falling mortgage rates lend a helping hand to home buyers

Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on...

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Government shutdown could leave thousands of federally backed mortgages in ‘limbo’

As if home buyers didn’t have enough to worry about. In addition to elevated interest rates and high home prices, Americans applying for government-backed...

Mortgage rate tipping point: Homeowners say roughly 5% is the magic number to move

After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7% — which is just...

New home sales jumped 20% in May, a 12.2% jump from April

Sales of newly built single-family homes were at a seasonally adjusted rate of 763,000 during May 2023 — 20 percent higher than the levels...

Mortgage points may help homebuyers lower monthly costs amid high interest rates. How to know if this strategy is right for you

Westend61 | GettyAs interest rates have climbed, homebuyers have been confronted with higher borrowing costs.That has led more home purchasers to opt for one...

2nd month of home price gains could signal end of stagnation

U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding...

Recent Home Sellers Are Feeling Remorse Over Pricing, Timing Or Marketing Of Their Home, New Survey Finds

A majority of Americans who sold a home for the first time in the past two years wish they had done something differently, according...

Black homeowners highest home-value appreciation over pandemic

Between February 2020 and January 2023, Black homeowners saw their homes’ values increase by 42.5 percent compared to 38.5 percent for U.S. home values...

Homes Owned By Black Families Appreciated The Fastest During The Pandemic

Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000...

Home Prices Stabilize As Buyers Get A Jump On Spring Shopping

Amid a housing market plagued by high mortgage rates and low inventory, home sales are ticking up and price declines are leveling off as...

Here’s Why Renters Need To Work More Hours To Afford Rent

Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four...

Existing Home Sales Tumble For A Record 9th Straight Month

Existing home sales retreated for the ninth straight month in October as higher mortgage rates discouraged potential buyers, according to the National Association of...

Hottest markets of 2022 revealed, and pricey suburbs lead the way

New data from Zillow shows that the most popular housing markets of 2022 so far fall right in line with that trend, with the...

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