Housing: Here's what it will take to buy a home this year – Yahoo Finance

Thinking of buying a new home in 2023? First, the bad news. Affordability remains a serious challenge for most buyers realtor.com. “Median house prices are 10% higher than they were a year ago, and mortgage rates are 100% higher than they were a year ago,” he said. Add an additional $800 to $1000 to your […]

Housing expert: ‘We can expect mortgage rates to go down’ – Yahoo Finance

Homebuyers may finally have a breather this year, according to one expert, as signs of easing inflation could push mortgage rates down again this month. “Mortgage rates have fallen almost 1 percent since peaking in November,” Melissa Cohn, vice president of real estate brokerage firm William Raveis, told Yahoo Finance Live (video above). “I think […]