Home buyers still balk at high interest rates and rising prices - ConsumerAffairs

Sales of existing homes declined 1.9% in April as home buyers balked at high interest rates and rising home prices. The median sale price was $407,600 Home buyers still balk at high interest rates ... Read More

Mortgage rates are still rising, getting close to 7% - ConsumerAffairs

However, rates plunged to below 3% during the COVID-19 pandemic, causing home prices to skyrocket. Realtor.com expects home prices to continue rising in 2025, increasing by 3.7%. Read More

What will happen to home prices as interest rates are cut?

1. Home prices will rise as interest rates are cut. When interest rates fall, the housing market usually heats up.Cristal Clarke, luxury real estate director at Berkshire Hathaway HomeServices ... Read More

High mortgage rates are still impacting home sales in 2025

Experian reports high mortgage rates continue to suppress home sales, with fewer than 4 million homes sold in 2024, the lowest since 1995. Read More

Is homebuying still worth it with rates high? Here's why it may be.

Even with high rates to contend with, buying a home is likely a solid investment. Kevin Kozicki / Getty Images It seems impossible to read the news without happening upon at least a story or two ... Read More

Mortgage rates - Fox Business

Mortgage rates continued their downward march this week and spurred on an uptick in home purchase demand, but elevated home prices are still keeping many would-be buyers away. Read More

As home prices soar and mortgage rates hit new highs, buyers feel locked out

After home prices spiked early in the pandemic, they finally slowed down in late 2022, giving buyers hope. Now, both prices and interest rates are rising with no end in sight. Read More

May home sales barely move as high mortgage rates, prices, weigh on housing market

Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market ... Read More

Home Buyers Start to Come Off Sidelines Even as Rates, Prices Stay Stuck - MSN

Existing-home sales plummeted in 2022 and 2023 as higher mortgage rates pushed many potential buyers to the sidelines, and they have held at low levels since then. U.S. existing-home sales fell in ... Read More

Sellers Outnumber Prospective Homebuyers as High Prices and Mortgage Rates Skew the Housing Market - U.S. News & World Report

The trend is good news for home shoppers — if they can afford to buy at current mortgage rates and prices, which are still rising nationally, albeit more slowly. Read More

Homeownership Further Out of Reach as Rising Prices, High Mortgage Rates Widen Affordability Gap - U.S. News & World Report

LOS ANGELES (AP) — Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford. Read More

U.S. home buyers persevere despite high rates, prices: study

U.S. home buyers are still committed to their plans to buy a property despite rising interest rates, high inflation and slowing growth, according to a study by Bank of America published on Tuesday. Read More