Home prices are experiencing a significant slowdown, with national gains dropping to just 2.7% in April. As supply rises and demand falters, the once hot markets are now cooling off. Discover the latest insights on the shifting housing landscape!
In a surprising twist, U.S. home sales edged up in May, defying expectations amidst high mortgage rates and rising prices. Despite this increase, affordability remains a major hurdle for many prospective buyers.
The U.S. housing market faces a significant slump, with May marking the slowest home sales since 2009. Despite a slight monthly increase, affordability issues persist, keeping buyers at bay amidst rising prices and high mortgage rates.
In a strategic move, Rocket Mortgage has announced its acquisition of Mr. Cooper for $9.4 billion, promising to reshape the mortgage landscape and enhance the homeownership experience for millions.
Discover how rising mortgage rates and prices impacted US home sales in January, despite a wider selection of properties available. Find out the challenges faced by first-time buyers and the outlook for the housing market.
