Is the housing market about to crash? What the specialists are saying

Jeff Ostrowski | Bankrate.com (TNS) After a record-breaking run that seen mortgage expenses plunge to all-time lows and residential prices soar to new highs, the U.S. housing market lastly started slowing in late 2022. Mortgage corporations engaged in mass layoffs, precise property economists lamented a “housing recession” and residential prices appeared poised for a correction. […]

Ticker: Mortgage charges match this 12 months’s excessive; Feds probe deadly Virginia Tesla crash  

The widespread long-term U.S. mortgage worth rose this week to solely beneath 7%, the latest setback for would-be homebuyers already going by affordability challenges on account of a housing market restricted by a shortage of homes in the marketplace. Mortgage purchaser Freddie Mac talked about Thursday that the widespread worth on the benchmark 30-year residence […]