PUBLISHED TUE, JAN 7 202010:53 AM EST By:Diana Olick @DIANAOLICK The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, at 3.69%, according to Mortgage News Daily. That has an already competitive housing market heating even more. Open houses, which are usually pretty rare the first week in…

by: Diana Olick The number of homes for sale at the end of November was the lowest on record for the month, according to the National Association of Realtors, which began tracking this metric in 1999. There were just 1.66 million homes on the market, down 5.7% compared with November 2018. That represents a 3.7-month supply…

PUBLISHED TUE, DEC 3 201911:41 AM ESTUPDATED TUE, DEC 3 20191:09 PM EST By: William Feuer Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year Airbnb is eyeing a major IPO next year, but this year it faces escalating regulation in cities across…

If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the home-buying process, and the truth on why it should never be…

By LIZ WESTON Dear Liz: My husband and I are squabbling over how to pay for the pool we may get. We have a line of credit on the house, and rates are still low. I say we use that, make it part of the mortgage and pass the cost on to the next owner…

By Andrea Riquier. Rates for home loans slid again, even as the ongoing government shutdown poses a fresh threat for a wobbly housing market. The 30-year fixed-rate mortgage averaged 4.45% in the January 10 week, mortgage liquidity provider Freddie Mac said Thursday. That was down 6 basis points and marked the lowest point for the…

by: Diana Olick  @DIANAOLICK A sharp drop in interest rates to the lowest level since April sparked a mini-boom in mortgage refinancing. Buyers returning to the market after the holidays may have been inspired by the drop in rates, but stock market volatility and the government shutdown could keep some of those mortgage applications from closing.…

By: Diana Olick @DianaOlick Home values are still rising, but the gains have now shrunk to the lowest level since January 2017, as rising mortgage rates cut into affordability. Prices increased 5.5 percent annually in September, down from 5.7 percent in August, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The 10-City…

By Clare Trapasso | Oct 19, 2018 Home sales should be surging. The economy is booming and more people are earning good-sized paychecks again. Millennials are starting to settle down and have children, so they need more space. And the crazy price gains of the last few years are beginning to slow down, with more…

Ever since the whiplash-inducing, bust-and-boom cycle of the U.S. housing market kicked into high gear with last decade’s devastating crash and this decade’s ever-escalating home prices, bidding wars, and inventory shortages, one question has been top of mind for buyers and sellers alike: Is this “party” ending anytime soon? Lately, those who read economic tea…