Homebuyers Continue to Face Affordability Pressure as Mortgage Costs Remain Elevated

Home prices, borrowing costs and limited inventory continue to shape decisions for American households entering the housing market.
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Home prices, borrowing costs and limited inventory continue to shape decisions for American households entering the housing market.
Continue Reading
The Federal Reserve’s policy meeting brought renewed attention to interest rates and their relationship with borrowing costs for homebuyers.

U.S. mortgage rates remained elevated near 6.91%, keeping affordability concerns at the center of the housing market.

U.S. mortgage rates remained elevated near 6.91%, keeping affordability concerns at the center of the housing market.

The new PulteGroup development adds a major residential project to Henderson's housing landscape as the region continues to grow.

American home shoppers are increasingly looking beyond the metropolitan areas where they currently live, according to housing-market data highlighted Friday, showing how affordability and employment opportunities are reshaping residential search patterns.

Mortgage rates remained elevated on July 14 as financial markets entered a pivotal week marked by…