The 30-year fixed-rate mortgage is down nearly a whole percentage point from its 2022 peak, and that boost in affordability is motivating prospective buyers to make a market comeback
The share of Americans looking to buy a home in the next 12 months fell sharply in the final quarter of 2022 as rising mortgage rates continued to put a dent in housing affordability
A market correction is leading to uncertainty among prospective homebuyers, but despite mounting fears of a 2023 recession, housing experts aren't worried
A slight drop in mortgage interest rates is motivating prospective buyers to jump back into the for-sale market, and that new activity is boosting home builder sentiment at the start of 2023