January residence gross sales fall as excessive mortgage charges, costs freeze out can be consumers New Orleans CityBusiness
Hearken to this text Gross sales of beforehand occupied U.S. houses fell in January as rising mortgage charges and costs postpone many would-be homebuyers regardless of a wider number of properties in the marketplace. Gross sales fell 4.9% final month…
Economists’ 2025 housing market forecasts largely name for mortgage charges to remain above 6% subsequent yr
Take heed to this text Residence customers hoping for extra engaging mortgage charges subsequent yr could also be upset. That’s the takeaway from a number of economists’ 2025 housing forecasts, most launched over the previous couple of weeks. A lot…
Common price on a 30-year mortgage within the US rises for sixth straight week
Take heed to this text The common price on a 30-year mortgage within the U.S. rose for the sixth straight week, returning to its highest degree since early July. The speed ticked as much as 6.79% from 6.72% final week,…