Tag: real estate
High Mortgages Lead to Biggest Annual Housing Drop in 11 Years
(AP) A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale...
Americans’ Views of Housing Market Worse Than after 2008 Market Crash
(The Center Square) Americans’ views of the housing market have plunged as interest rates continue to rise because of government-fueled inflation.
Gallup released new polling...
Outrage Continues over Federal Rule to Charge Higher Fees to Home...
(The Center Square) A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor...
How the Fed’s 2008 Mortgage Experiment Fueled Today’s Housing Crisis
(Mises Institute) How should Congress assess the Federal Reserve’s track record as an investor in residential mortgage-backed securities (MBS)? Regardless of Fed spin, it...
Average Mortgage Rate Up for Fifth Straight Week to 6.73%
(AP) The average long-term U.S. mortgage rate rose for the fifth straight week to its highest level since breaching 7% in November, just as...
Real Estate Markets Are Addicted to Easy Money
(Ryan McMaken, Mises Institute) On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February,...
More Homeowners Tap Equity Juiced by Soaring Prices
(AP) Homeowners are increasingly tapping their equity, taking advantage of big gains following years of soaring housing prices.
Some 333,537 home equity loans were taken...
The Housing Bubble Is Bursting
(Alex J. Pollock, Mises Institute) The 21st century, only 23 years old, has already had two giant, international housing bubbles. It makes one doubt...
Average Long-Term Mortgage Rate Falls a 6th Straight Week
(AP) The average long-term U.S. mortgage rate declined for the sixth straight week, giving potential homebuyers a tiny amount of relief after rates topped...
Average Long-Term Mortgage Rate Falls a Fourth Straight Week
(AP) The average long-term U.S. mortgage rate fell for the fourth consecutive week and have dropped more than three-quarters of a point since hitting...
