The Fed is expected to reduce its interest rate increases to half of a percentage point in December, though tighter monetary policy will continue until inflation ebbs
Home prices are moderating and buyers are regaining bargaining power in a market correction, but a lingering affordability crisis is keeping some house hunters glued to the sidelines
After speeding into home purchases from 2019 to 2021, first-time buyers were slowed down by historically high home prices and skyrocketing mortgage rates in 2022
Despite persistent annual growth, the September Case-Shiller National House Price Index (HPI) revealed significant home price declines in some overheated housing markets
Mortgage rates fell for the third straight week over the Thanksgiving holiday, but despite a glimmer of price relief for borrowers, refinance demand followed a similar trajectory
