Consumer News Home Buyers Still Balk At High Interest Rates And Rising Prices

Home buyers turn to adjustable-rate loans to cut costs

Adjustable-rate mortgages (ARMs) are making a comeback as home buyers seek relief from record housing costs. ARMs offer lower initial payments than ... Read More

Fed cuts rates again, but high home prices keep buyers on the sidelines

The Federal Reserve cut interest rates for the second meeting in a row on Wednesday, making home buying slightly more affordable. However, even though the move may ease borrowing costs slightly, it ... Read More

This 1 group of US homebuyers aren’t being deterred by rising prices and high mortgage rates — where they’re still buying (and why it matters)

In context, this uptick is still far below the figures from around a decade ago. In 2017, non-U.S. citizens bought around 284,500 existing homes, spending $153 billion. Spending in this category ... Read More

How lower interest rates could boost your homebuying power

When rates drop, a buyer’s purchasing power increases. Lower rates mean paying less in interest, leaving more room in the budget for the home itself. Learn how rate changes can affect monthly payments ... Read More

What homebuyers can expect now that mortgage rates are falling, according to experts

Before the September Federal Reserve rate cut was even official, mortgage rates began to fall in anticipation, and, as a result, recently hit a three-year low. Some slight upticks followed before ... Read More

Seattle-area home prices fall as rising inventory, high mortgage rates persist

SEATTLE — The median home price in the Seattle-Tacoma-Everett region fell in September as housing inventory grew modestly and high interest rates continued to dissuade buyers. The median home price ... Read More

Here’s why the housing slowdown isn’t lowering home prices

(CNN) — Yasmin Asberry thought selling her home in a Dallas suburb would be simple. Instead, after months of little interest, she dropped the price twice and was on the verge of pulling the listing ... Read More

Home prices rising slower in Vegas than US overall

Home prices inched up nationwide this summer from a year ago and moved even slower in Las Vegas, according to a new report that highlights buyers’ pullback locally and around the country. Las ... Read More

Interest rate cuts, rising inventory: What Louisville home buyers, sellers might see this fall

The number of homes for sale in the greater Louisville area increased by nearly 35% in August compared to the previous year. While still a seller's market, buyers now have more negotiating power than ... Read More