Housing

The Labor Department said inflation cooled sharply in June, but prices remained abnormally high as the price of food, used cars and rent marched higher.

A worsening housing shortage drove up the price of U.S. homes to the highest level on record, even as would-be buyers grapple with steeper mortgage rates.

U.S. housing and "interest rate-sensitive" markets are at risk of a "fallout" as the Federal Reserve continues an aggressive rate hike campaign, David Tawil says.

Housing affordability in the U.S. has plummeted to the lowest level since 2007 as mortgage rates and home prices soar higher, according to a new report.

Fannie Mae economists projected that housing prices will fall less than previously expected amid high consumer demand and a worsening supply shortage.

A California government agency says that a $100,000 salary in San Francisco is considered "low income," according to a memorandum earlier in June.

The rate on the 30-year fixed mortgage rose to 6.71% this week from 6.67% a week ago, according to weekly data compiled by mortgage buyer Freddie Mac.

The House of Representatives passed a bill on Friday reversing President Biden's controversial mortgage plan.

A new study found Tampa, Florida residents need to make at least $85,000 annually to afford rent. The city saw skyrocketing housing costs as Americans flocked there during the pandemic.

Higher mortgage rates can cost potential homebuyers thousands over the lifetime of the loan. Calculate how steeper rates could affect your monthly payment.

Home-purchase applications fell last week as high mortgage rates weighed on consumer demand, according to a survey from the Mortgage Bankers Association.

Mortgage rates have ticked higher along with the 10-year Treasury yield, which lenders use as a guide to pricing loans. The current rate on the 30-year fixed mortgage is 6.79%.

Home-purchase applications plummeted 4.6% last week as higher mortgage rates weighed on demand, according to a new survey from the Mortgage Bankers Association.

U.S. home prices climbed again in March, suggesting the housing market is stabilizing amid high mortgage rates, limited inventory and steep competition.

Fannie Mae has forecasted a recession in 2023 since last April and said the tightening in credit lending would likely lead to slower future business investment this year.

Most Americans still think the dream of homeownership is realistic, but many say they'd have to win the lottery to afford it, according to a recent Zillow survey.

House Republicans are attempting to undo President Biden’s controversial mortgage rule that took effect earlier this month.

Democrat-led cities, including some of the country's most liberal areas like San Francisco, are the least affordable for homebuyers, according to a new study.

The U.S. housing market could tumble into a deep freeze if Congress fails to raise the debt ceiling by June 1 and defaults on its financial obligations.

Purchase of new single-family homes rose 4.1% in April from the previous month, suggesting builders continued to benefit from limited resale inventory.