Increasing signs point to U.S. recession in 2023. What does that mean for the housing market and real estate? Housing experts make predictions.
Author: Swapna Venugopal Ramaswamy, USA TODAY
What’s happening with the housing market? Mortgage rates, home prices and affordability
The housing boom combined with high inflation and mortgage rates are forcing homebuyers to sit on the sidelines and wait for the dust to settle.
The 10 best real estate markets of 2023: Goodbye COVID boomtowns, hello mid-sized markets
With mortgage rates almost doubling since the start of 2022, affordability remains a big concern for buyers. These real estate markets will get active
Fannie Mae, Freddie Mac will back mortgages of more than $1 million in 2023
The loan limit increase mirrors rising house prices, which went up 12% from September 2021 to September 2022, according to the agency.
EXCLUSIVE: After little progress on lending discrimination, a mortgage fairness crisis looms
Mortgage fairness for Black Americans is no better today than it was thirty 30 years ago. For Native Americans, it is much worse.
Home equity line of credit and home equity loans: ‘Right tool at the right time’
A HELOC allows homeowners to borrow as much as 85% of the value of the home, and repay and redraw as needed.
EXCLUSIVE: Homes with high wildfire risk are selling for $178,000 more than low-risk homes
Homeowners who are putting affordability and desirability of a property ahead of safety concerns when it comes to home buying decisions, per Redfin
Housing market grinding to a halt? High mortgage rates bring sales and listings down
The 7% house price decline from June to September was more than double the rate of decline during the same time-period in 2021, when it fell by 3.1%.
Hurricane Ian: Here’s how renters can avoid panic and prepare for natural disasters: Severe storms, wildfires
When disaster strikes, here’s what a renter needs to know about preparing for extreme weather events such as rent abatement and lease termination.
Exclusive: Fannie Mae to announce plan to bolster renters’ credit scores
About 45 million consumers may be denied access to credit because they don’t have scorable credit records: Fannie Mae wants to help