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Mortgages

Weekly mortgage demand drops as buyers struggle to find affordable homes

by Adrian Jhonsan
Weekly mortgage demand drops as buyers struggle to find affordable homes

Prospective home buyers look from the balcony of a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023.  Roberto Schmidt | AFP …

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How interest rates have changed over the last 12 months

by Adrian Jhonsan
How interest rates have changed over the last 12 months

Inflation is cooling. Consumer spending continues to be at record highs, while consumer confidence has been trending up. And, after almost two years of rate hikes by the U.S. Federal …

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Categories World

December home sales slump to close out worst year since 1995

by Adrian Jhonsan
December home sales slump to close out worst year since 1995

A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024.  Frederic J. Brown | AFP | Getty Images Sales of previously owned homes fell 1% in …

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Mortgage demand surges more than 10% as lower interest rates lure homebuyers

by Adrian Jhonsan
Mortgage demand surges more than 10% as lower interest rates lure homebuyers

Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger …

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How Laguna Beach, California, is helping residents age in place

by Adrian Jhonsan
How Laguna Beach, California, is helping residents age in place

Laguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the small coastal …

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Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again

by Adrian Jhonsan
Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again

A “For Sale” outside a house in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels …

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Mortgages, auto loans, credit cards: 2024 interest rate predictions

by Adrian Jhonsan
Mortgages, auto loans, credit cards: 2024 interest rate predictions

The Federal Reserve’s effort to bring down inflation has so far been successful, a rare feat in economic history. The central bank signaled in its latest economic projections that it will cut interest …

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Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates

by Adrian Jhonsan
Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates

A “For Sale” sign sits in front of a new home May 27, 2004 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand ended 2023 on a sour note, …

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The Federal Reserve held rates steady. Here’s what that means for you

by Adrian Jhonsan
The Federal Reserve held rates steady. Here’s what that means for you

The Federal Reserve announced it will leave interest rates unchanged Wednesday, in a move that many believe will conclude the central bank’s rate hike cycle and set the stage for rate …

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Mortgage refinance demand jumps after rates drop

by Adrian Jhonsan
Mortgage refinance demand jumps after rates drop

An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California.  Mario Tama | Getty Images …

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