Mortgage Rates Rise for Fourth Consecutive Week, Squeezing Home Affordability
The Fed’s cut is being reversed in the mortgage market.
mortgage rates
Nolte: Record High — Harris-Biden Create ‘Most Unaffordable Housing Market in History’
Home prices, and therefore the American Dream, are the most “unaffordable … in history,” according to the latest data.
Nolte — NPR: Bidenomics Puts Homeownership ‘Out of Reach to All but Most Advantaged’
Home prices are up “a whopping 47% since early 2020,” leaving “homeownership out of reach to all but the most advantaged households,” reports the far-left NPR.
Nolte: Far-left NPR Admits Biden’s Problem with Young Voters Is ‘Glaring’ and Economic
Nolte: The far-left welfare queens and McCarthyites at NPR are freaking over His Fraudulency Joe Biden’s “glaring” problems with young voters.
Fed President: Migration Boosts Mortgage Rates
President Joe Biden’s migration crisis raises the mortgage rates that burden young couples and families, according to the president of the Federal Reserve Bank of Minneapolis.
Nolte: Bidenomics Drives House Prices to Another Record High
The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics.
Harvard Prof., Fmr. IMF Economist Rogoff: Even if Inflation, Rates Fall in Short Run, Mortgages Will ‘Stay High’
On Thursday’s broadcast of “CNN Newsroom,” Harvard Economics Professor and former Chief Economist at the International Monetary Fund Kenneth Rogoff stated that even if the Federal Reserve is successful in bringing inflation down to 2% in the short run and
CNN: 2023 ‘Tough’ for Economy and ‘Tougher’ for Housing, Mortgage Rate Drop ‘Not Going to Be Significant’
On Wednesday’s “CNN News Central,” co-host Kate Bolduan remarked that “2023 was a tough year for the economy” and it was “even tougher for the housing market.” And CNN Business Correspondent Rahel Solomon stated that while mortgage rates will decline in
Report: Home Prices ‘Unaffordable’ for Average Americans
Average Americans cannot afford to buy a home in a growing number of communities across the United States, according to a report.
Fed’s Fight Against Bidenflation Sends Pending Home Sales Plunging to Near Pandemic Lockdown Lows
Sales have dropped to near all-time lows.
Home Prices Surge To New All-Time High Despite Soaring Mortgage Rates
All three of the major indexes of home prices hit new record highs in July.
Existing Home Sales Fall—But Prices Keep Rising Anyway
Home affordability keeps getting worse and worse.
NBC: Tim Scott Has a Point that Inflation Has Risen a Lot Under Biden –Inflation Is Pushing Mortgages to 20-Year Highs
During NBC’s post-debate coverage on Wednesday, host Chuck Todd and NBC News Senior Washington Correspondent Hallie Jackson acknowledged that 2024 Republican presidential candidate Sen. Tim Scott (R-SC) is correct that inflation is far higher over the past two years and
DNC Chair on Gas Price, Mortgage Rate Spike: We’ve Had a Drop in Inflation
On Wednesday’s broadcast of “CNN This Morning,” DNC Chair Jaime Harrison responded to a question on whether the economy is a bad issue for President Joe Biden given the spike in gas prices and mortgage rates hitting 20-year highs by
Breitbart Business Digest: A Weird Recovery in a Broken Housing Market
What if we had a housing recovery and no one showed up?
CNN: As Rent Inflation Remains Sticky, Rising Mortgages Fueling ‘Worst Affordability Crisis’ in Housing in 40 Years
On Friday’s broadcast of “CNN This Morning,” co-host Phil Mattingly and CNN International host Julia Chatterley discussed the surge in mortgage rates and said that the skyrocketing mortgage rates have contributed to “the worst affordability crisis in housing that we’ve
Existing Home Sales Decline, Home Prices Fall Most in a Decade
Climbing mortgages rates in March held back sales.
30-Year Mortgage Rate Rises Above 7%, Highest Since 2001
The 30-year fixed mortgage rate reached 7.16 percent, the highest it has ever been since 2001, according to the Mortgage Bankers Association (MBA).
Report: Goldman Sachs Warns High Mortgage Rates Have Not Been Fully Felt
An already ailing housing market could be in for more trouble as high mortgage rates have not been fully felt yet, according to Goldman Sachs analysts via Business Insider.
30-Year Mortgage Rates Increase to 6.92% — Highest Since 2002
The 30-year fixed mortgage rate rose to 6.92 percent on Thursday, higher than at any point during the subprime mortgage crisis of the mid-2000s.
Mortgage Rates Surge to 6.7% — More than Double Since Last Year
The 30-year fixed mortgage rate surged to 6.7 percent on Thursday, which is more than double what it was a year ago.
Report: Housing Prices Increased Average 21% since 2021, Hottest Markets Least Affordable
A report from a website focused on home buying shows the price of housing in the U.S. is soaring — up 21 percent since the start of 2021.
CNBC Mocked for ‘Embarrassing’ Claim Mortgage Rates Hitting LGBTQ Homebuyers ‘Especially Hard’
The rise in home costs has posed a challenge in purchasing homes for LGBTQ community members in particular, according to a recent CNBC real estate piece that drew ridicule for its misleading nature and “virtue signaling.”
Mortgage Rates Go Orbital: 30-Year Above 6%
Higher borrowing costs are pushing buyers out of the market.
