Donald Trump Has a Housing Market Problem
As Trump is set to take office, he'll be inheriting a troublesome housing market where affordability continues to erode for millions of Americans.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Mortgage rates above 7% are clouding the housing market outlook
At HousingWire ’s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. That was up 2 basis points (bps) from a week ago. The 15-year fixed rate was slightly higher at 7.11% and was up 11 bps in the past week.
Trump will inherit a housing market creaking under the strain of high prices and high interest rates
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use. But economists and housing market experts say sweeping changes are hardly so simple.
US Housing Market Braces for Impact Amid Soaring Rates and Rising Costs
The incoming Trump administration faces a housing market starkly different from his first term, marked by soaring mortgage rates, limited affordability, and an economic strain for millions of Americans.
House Prices Slashed by 1 in 3 Sellers As Housing Market Stalls
As demand dwindles across the U.S. because of stubbornly high mortgage rates, home sellers are having to readjust their ...
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
HousingWire2d
Mortgage rates fell last week. Can they go lower?
Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can keep going ...
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
Mortgage Rates Top 7% for First Time Since Mid-2024
Higher rates are dimming hopes for a recovery in the sluggish housing market.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Iowa Public Radio4d
Mortgage rates have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
CNET on MSN2d
Mortgage Predictions: What the Jan. 20 Presidential Inauguration Could Mean for Rates
On a normal day, it's nearly impossible to predict which way mortgage rates will go. Now, with so much uncertainty in ...
Single-Family Home Construction Rises in December Despite Higher Mortgage Rates
Single-family housing starts, which account for the vast majority of all homebuilding, rose 3.3% in December from the prior ...