Tag Archives: Inflation

According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?

It’s not inflation that biting into American’s bottom lines according to a new report from doxo, who found that hidden fees in banking and bill paying are causing billions of dollars of damage annually.

The path to homeownership is becoming increasingly challenging for Americans nationwide, but how much can potential homebuyers afford to spend on a home in today's market? A new Point2 study showed that the median home price is now twice what the average buyer can afford, posing even more financial barriers for those seeking the American Dream.

The nation’s housing outlook depends largely on the economy and inflation, analysts say, as the industry closes the book on 2023 and approaches the new year.

The House Financial Services Committee recently gathered a panel of housing experts to analyze affordability challenges in the housing marketplace, with a focus on governmental barriers such as zoning policies that have exacerbated these issues.

As homebuyer demand cools as a result of October mortgage rates hitting their highest level in over two decades, a new Redfin report showed that the share of home sellers offering concessions to attract more buyers is increasing, as some experts say house hunters are "pickier than ever before."

Millennials and Gen Zers face many obstacles in their pursuit of the American Dream, including mortgage rates hitting a 23-year high. Click through to read what a new Chase survey reveals the challenges facing younger consumers and how they are shaping their attitudes towards homeownership.

New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.

While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.

While elevated housing costs continue to hinder homebuyers and renters nationwide, a new study from Apartment List revealed that the share of American renters who are cost-burdened has risen to the highest level since 2012, according to recent Census data.