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Mortgages

Hidden Cash Found in Homes Due to Soaring Property Prices

by Craig Fedirighi
Hidden Cash Found in Homes Due to Soaring Property Prices

Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home …

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Categories Business

Reasons why the U.S. housing market is losing interest from foreign buyers

by Craig Fedirighi
Reasons why the U.S. housing market is losing interest from foreign buyers

International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make …

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Categories Business

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

Continued upward trajectory of home prices

by Craig Fedirighi
Continued upward trajectory of home prices

Home prices in May rose for the fourth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump …

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Categories Business

Slowest June home sales pace in 14 years recorded

by Craig Fedirighi
Slowest June home sales pace in 14 years recorded

A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Sales of pre-owned homes dropped 3.3% in June compared with May, running …

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Categories Business

July sees an increase in homebuilder sentiment, yet high mortgage rates dampen growth

by Craig Fedirighi
July sees an increase in homebuilder sentiment, yet high mortgage rates dampen growth

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index. It marks the …

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Categories Business
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