The housing market's long winter faces a slow thaw and many unknowns
There are some signs of improvement heading into the spring buying season, but the Trump administration’s economic plans complicate the outlook.
themortgagepoint1h
Lease-Purchase Arrangements: Another Path to Homeownership?
A study by Pew Charitable Trusts examines the question, finding that while the answer may be yes, there are significant risks—and an unclear path—while renting.
HELOCs and home equity loans are up. Why are more people borrowing against their homes?
Both home equity lines of credit (HELOCs) and home equity loans are up in numbers, their originations rising in Q3 2024 by 6 ...
Crain's Cleveland Business4h
Northeast Ohio follows national home sales downward trend
One other data point worth noting in Northeast Ohio: while the average single-family home sale price dropped 8.5% from ...
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
Financial Advisor5h
Existing-Home Sales Drop Back Again With Mortgage Rates At 7%
The drop in sales comes after the longest stretch of gains since late 2021, which offered some hope that home buyers and sellers were getting used to high mortgage rates. Home financing costs have ...
Refinance Rates Sink to New 10-Week Low
Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage ...