Lizzie Kane

Mortgage Rates Extend Slide, Giving Homebuyers Some Relief


The average rate for a 30-year, fixed loan was 6.49%, down from 6.58% last week.

Mortgage Rates Rise To 7.08%, Near Highest Level Since 2002


Borrowing costs have skyrocketed since the beginning of the year.

First-Time Homebuyers Are Getting Squeezed Paying Their Mortgage


Potential buyers are facing an affordability crunch as mortgage rates have more than doubled this year.

Wall Street Landlords Squeezed By A Surge In Tax Bills


The high tax bills are a leftover effect from the pandemic housing boom.

Mortgage Rates Soar Past 7% For First Time In Two Decades


Mortgage rates have more than doubled this year.

Zillow Lays Off 300 Employees As U.S. Housing Market Slows Further

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Zillow is the latest real estate company to shrink its workforce in recent months.

Housing Market Hits Brakes As Prices Fall Most Since 2009


Even with the price deceleration, housing prices remain high in many U.S. cities compared to last year.

Mortgage Rates Surge To 20-Year High, Reaching 6.92%


Borrowing costs have soared since the beginning of the year, stopping the pandemic housing boom in its tracks.

NYC Offices To See $50 Billion In Value Wiped Out, Study Says


Researchers estimate the value of the city's stock of office buildings will remain well below pre-pandemic levels.