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RARE PHOTOS: 9 - The Real Truth

US mortgage rates climb for third straight week, reaching 6.5%

Mortgage rates in the U.S. rose to the highest level since November, ramping up the pressure on potential homebuyers.

Tribune News Service

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year

The average 30-year fixed mortgage rate just shot back up to 6.8%.

Fortune

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Fortune

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Mortgage rates in the US slip for a fourth week, hitting 6.09%

Mortgage rates in the U.S. fell for a fourth straight week.

Tribune News Service

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

Fortune

The Biden Administration Flirts With Imposing Nationwide Rent Control Via Executive Action

The White House's idea of using Freddie Mac and Fannie Mae to adopt rent control faces numerous legal and practical hurdles.

Reason

Average long-term US mortgage rate lowest since September

The average long-term U.S. mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in decline for nearly a year

The Independent UK

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A 1981-level mortgage rate shock has the housing market in a correction—these 7 leading research firms predict what's next for rates

There are only three levers that can depressurize affordability: Rising incomes, falling home prices, and falling mortgage rates.

Fortune

Average long-term US mortgage rates inch up to 6.48%

The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glimmer of hope

The Independent UK

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

3 ETFs to Buy Now for Less Than $50

Although cooled inflation raised hopes of a soft landing, the Fed is expected to keep raising interest rates through 2023, putting pressure on the stock market. Given this backdrop, under-$50 ETFs First Trust Low Duration Opportunities (LMBS), SPDR Nuveen Bloomberg Short Term Municipal Bond (SHM), and First Trust Value Line…

StockNews.com

Mortgage rates fell for the fourth straight week

One economist is calling the top

Axios

Check out UFB Direct—an online bank offering savings products with APYs of at least 5%

Savers might find that UFB’s high rates complement their existing banking relationship.

Fortune

US mortgage rates top 7% for the first time in 2 decades

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.

Chicago Sun-Times

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The Independent UK

Average long-term US mortgage rates rise this week to 6.94%

Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month

Tribune News Service

Mortgage rates reach highest level in 2 decades

Homebuyers face the highest mortgage rates in two decades, a new report shows, as elevated borrowing costs have slowed sales in Southern Nevada and around the country this year.

Orlando Sentinel

Adjustable-rate mortgages rise again as interest rates soar

Mortgage interest rates have climbed to their highest levels in two decades, which means higher payments for less home. So an older loan known as an adjustable rate mortgage, or ARM, is making a comeback.

The Independent UK

Average long-term US mortgage rates dip to 6.66% this week

Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in more than a decade, before a crash in the housing market triggered the Great Recession in 2008

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The Conversation

The big reason Florida insurance companies are failing isn't just hurricane risk – it’s fraud and lawsuits

Hurricane Ian’s widespread damage is another disaster for Florida’s already shaky insurance industry. Even though home insurance rates in Florida are nearly triple the national average, insurers have been losing money. Six have failed since January 2022. Now, insured losses from Ian are estimated to exceed US$40 billion

The Independent UK

US long-term mortgage rates up for 6th week; 30-year at 6.7%

Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years

Axios

Mortgage rates hit 6% for the first time since 2008

The average mortage rate was 2.86% a year ago, according to Freddie Mac.

Benzinga

Housing Activity 'Took A Nosedive' As Mortgage Rates Hit 15-Year Highs - A Chart That Says It All

Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTCMKTS: FMCC) data.

Tribune News Service

Alexis Leondis: Resist the siren song of 40-year mortgage loans

Because of rising interest rates and higher home values, the monthly mortgage payment on a typical U.S. home is 62% higher than a year ago. So, it's only natural to be looking for a way to cut costs. But if you're borrowing money to buy a home and think the…

Tribune News Service

If more than two big storms hit Florida this year, insurers could be in trouble

It's that time of year again in Florida. Peak hurricane season is bearing down on the state like that flying saucer in the movie Nope.

Tribune News Service

Commentary: Who’s to blame for the priciest housing in history?

With so much attention fixed on soaring prices for gasoline and groceries, one can almost overlook the fact that we’re also enduring an affordable housing crisis. The question is, why?

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