As mortgage rates began climbing at the start of 2022, a number of homebuyers took out adjustable-rate mortgages with the hope of saving money, but as rates continue to rise, many now regret doing so
After soaring to a peak 7% in 2022, interest rates are expected to fall by more than a percentage point in 2023, but for a number of priced-out buyers, a slight increase in housing affordability won't be enough
The Federal Reserve is gearing up for another aggressive year of rate hikes meant to slow inflation, and while economists are optimistic, homebuyers are losing steam
Mortgage application volume posted a double-digit decline during the last week of 2022 as interest rates climbed toward 7% after falling two weeks prior
For the first time on record, the baseline conforming loan limit in high-cost areas has surpassed $1 million, meaning that fewer homes will require a jumbo loan in the year ahead