Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.
Category: Mortgages
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A Punishing Housing Market Is Squeezing Renters
The New York Times – Business: -
Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas
The New York Times – Business:The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.
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Mortgage Rates Hover at 7.4%, Highest Since 2023
The New York Times – Business:The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
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Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
The New York Times – Business:Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
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Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
The New York Times – Business:A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
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Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
The New York Times – Business:A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
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Trump Announces White House Inquiry Into Fed Governor Lisa Cook
The New York Times – Business:President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.
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Highest Mortgage Rates in 3 Years Chills the Housing Market
The New York Times – Business:The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
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As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs
The New York Times – Business:The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
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Could Homeownership Reverse the Decline in Birthrates?
The New York Times – Business:Researchers looked back at the baby-boom era and found that federal mortgage programs played a part in the country’s population upswing after World War II.
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Rising Interest Rates Are Causing Alarm. Here’s What to Know.
The New York Times – Business:History shows that the markets and the economy flourished when rates were even higher than today’s. But, our columnist notes, those times didn’t last.
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Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market
The New York Times – Business:The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.