A monthly reading of homebuilder confidence spiked 7 points in December, its first measure done after the presidential election.
Author: Blog Contributor
It’s becoming harder to get started on the American Dream of home ownership.
Borrowers are still adjusting to a housing market with higher rates.
A great debate is going on over whether rising rates will really matter to housing.
Investors may be missing out on a good buy, especially in one fast-growing REIT sector: warehouses.
Home equity lines of credit are susceptible to a rise in interest rates, which means they just got more expensive.
The bleeding in the mortgage business appears to have slowed, following a sharp rise in mortgage rates postelection.
Since Trump’s victory, rising mortgage rates have made homes the least affordable since the Great Recession.
The incoming administration is apparently not afraid to take a homeownership bonus: The mortgage interest deduction.
Signed contracts to buy existing homes rose just 0.1 percent month-to-month in October.