Prashant Gopal

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Surging Mortgage Rates Threaten U.S. Housing Market Momentum

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Borrowing costs have recently surged, raising questions about a fledgling sales recovery.

Mortgage Rates Near 6% Are Enough To Start Up A Refinancing Wave

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The volume of refinancings last week was nearly three times higher than a year earlier.

Housing Market Awaits Boost After Worst Key Season In Years

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Rates on a 30-year fixed mortgage have fallen nearly 160 basis points from a recent peak in October 2023.

Homebuyers Hit By Price Surge, Supply Crunch Rock 2024 Election

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The presidential candidates have been forced to offer solutions to a mounting U.S. housing squeeze.

Mortgage Rates In The U.S. Hold At The Lowest Level Since May 2023

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The rates gave home buyers a crack at the lowest loan costs they've seen in more than a year.

Home-Price Gains Outpace Inflation With 5.4% Annual Increase

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While listings are ticking up, house hunters are still struggling to find affordable properties.

Real Estate Market Is Broken For Everyone Except The Ultra Rich

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The only price category to see rising sales in June was homes worth over $1 million.

Home Affordability In The U.S. Sinks To Lowest Point Since 2007

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The costs of a typical home consumed 35.1% of the average wage in the second quarter.

Real Estate Investors Are Wiped Out In Bets Fueled By Wall Street Loans

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Multifamily buildings make up the biggest share of potentially distressed properties.

Homebuyers Are Starting To Revolt Over Steep Prices Across U.S.

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House hunters are getting hit with a double-whammy: high prices and high mortgage rates.

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