Home values drop, new construction down 60 percent
Home real estate prices continue to drop but there could be much more to come, data and economists say. The median home price has dropped by about 7 percent since its peak ... Read More »
Mortgage interest rates surge past 6% with no signs of stopping
The average interest rate on the most popular U.S. home loan rose above 6 percent for the first time since 2008 and is now more than double the level it was one year ago, ... Read More »
Canadians warned of huge housing market correction
Canadians could see housing prices drop by as much as 18% by the end of 2023, according to a new real estate outlook report. The report comes as, like recent U.S. Federal ... Read More »
What every homeowner should know about a recession
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, ... Read More »
Federal Reserve warns housing bubble is “Unhinged”
The country’s housing bubble may be about to burst, leaving millions of homeowners with mortgages that far exceed the value of their property. That’s according to new data from the Census Department ... Read More »
News Briefs: America’s poor better off than Europeans; Economy boost coming?; Risky mortgages are back; ‘Beto’ all in for abortion until birth
Here’s your daily news briefs. President Trump considering economy-boosting measures President Trump said he is considering measures to bolster the economy, including a reduction in capital-gains taxes. He also continued to press ... Read More »
