Mortgage Rates


The Latest

(Illustration by The Real Deal with Getty)

Stress-inducing mortgage market gives some brokers an edge

The increasingly bewildering mortgage market is turning out to be an opportunity for agents. Lenders have responded differently to...

Stress-inducing mortgage market gives some brokers an edge
Home listings dropped over 20%

Home sales, listings sunk to new depths in September

Rapidly rising mortgage rates sunk home sales and listings to new depths in September. The number of homes sold...

Home sales, listings sunk to new depths in September
Homebuilder sentiment declines
National

Homebuilder sentiment declines for 10th straight month

Any remaining optimism among homebuilders keeps on slipping away as the weakened housing market faces an uncertain future. The...

Homebuilder sentiment declines for 10th straight month
NAR's Chief Economist Lawrence Yun (National Association of Realtors, Getty)
National

Mortgage rates could continue rise to 8.5%: NAR

Mortgage rates could climb another 1.5 percentage points, according to a leading economist. National Association of Realtors chief economist...

Mortgage rates could continue rise to 8.5%: NAR
2 Charlie’s Lane (Getty, Chris Foster)
Tri-State

Shelter Island waterfront property asks $14M

A three lot compound asking $22.5 million figured to smash the Shelter Island sales record — until the family...

Shelter Island waterfront property asks $14M
(Getty)
National

Mortgage rates reverse home flippers’ fortunes

Rising mortgage rates have a new victim: house flippers. Flippers, who were readily turning profits just months ago, have...

Mortgage rates reverse home flippers’ fortunes
Related Companies’ Stephen Ross and The Cortland (Related Companies, The Cortland, Getty)

New development boom dead, with mortgage rates a prime suspect

No matter how high developers build, they can’t avoid gravity. New-development contract signings in September fell below pre-pandemic levels...

New development boom dead, with mortgage rates a prime suspect
Mortgage applications plunge 14%
National

Mortgage applications plunge 14% in a single week

It could be a frigid winter for brokerages, lenders and the rest of the residential real estate industry if...

Mortgage applications plunge 14% in a single week

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