Category: Mortgages

First-Time Home Buyers Are Staying on the Sidelines as Costs Rise

The New York Times – Business:
The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters.
Rising Costs Are Causing Couples to Delay or Forgo Having Children

The New York Times – Business:
High mortgage payments, higher child care costs and economic uncertainty are making some people rethink their plans on starting a family.
Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market

The New York Times – Business:
The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.
Mortgage Rates Jump Again as Iran War Effects Ripple Through Housing Market

The New York Times – Business:
The average rate on a 30-year mortgage in the United States hit 6.38 percent, the fourth increase since the war began.
Mortgage Rates Highest in Three Months as War Weighs on Housing Market

The New York Times – Business:
Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
Mortgage Rates Highest in Three Months as War Weighs on Housing Market

The New York Times – Business:
Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
U.S. Mortgage Rates Rise, Undercutting Housing Affordability Push

The New York Times – Business:
Mortgage rates fell below the critical 6 percent threshold just a couple weeks ago. But they’re climbing again as new inflation concerns have roiled financial markets.
U.S. Mortgage Rates Fall Below 6% for First Time in Years

The New York Times – Business:
The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says will make housing more affordable.
Homeownership Is Out of Reach for Many Americans, Despite a Buyer’s Market

The New York Times – Business:
A growing split between low-to-middle-income families and wealthy households is changing who has access to homeownership now.
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4 Takeaways from Supreme Court Hearing on Trump’s Firing of Fed Official

The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
Supreme Court Considers Trump’s Attempt to Fire Fed Governor Lisa Cook

The justices deferred a decision on the president’s efforts to oust Cook, agreeing to hear arguments on Wednesday instead.