Tag results for: mortgage rates
The housing market correction takes an unexpected turn
The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens...
Redfin: These housing markets are the most at risk of falling home prices
Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is...
