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New U.S. home construction continued to decline in November and permits plunged as high borrowing costs paired with widespread inflation eroded housing affordability and demand. Residential starts decreased 0.5% last month to a 1.43 million…
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Today’s mortgage and refinance rates Average mortgage rates climbed appreciably yesterday. Add in last Friday’s smaller rise and it pretty much wipes out last Thursday’s worthwhile fall. By approaching 10 a.m. (ET), it was looking as if…
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Should home buyers beware of the cooling market? Home prices saw unprecedented growth over the last few years. Recent value gains even surpassed those from the housing bubble in 2008, according to the Case-Shiller Index. Needless to say,…
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