Interest Rates

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Mortgage Rates Reach Highest Level in Almost 23 Years

The 30-year fixed-rate mortgage averaged 7.31% in the last week of September. More

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Home Buyer Affordability Declines Amid Elevated Mortgage Rates in August

The national median mortgage payment was 18% higher than a year ago, according to... More

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Moody’s: New-Home Builders Are Stealing Share, Stabilizing Market

Moody’s Investors Service projects new-home sales will increase over the next two... More

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New-Home Sales Slide 8.7% in August

While 5.8% above last year’s August estimate of 638,000, August’s estimate fell... More

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Inside the Playbooks Private Builders Are Using to Win Market Share

Similar to their public peers, private home builders have shifted strategy to... More

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New-Home Sales Prove Resilient Despite High Mortgage Rates

According to Zonda’s New Home Market Update, the use of incentives by builders has... More

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Why KB Home Will Turn a Bigger Profit Than Expected in 2023

The home builder increased net orders by more than 50% in the quarter, benefiting... More

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Federal Reserve Elects to Hold Rates Steady

The rate pause comes as labor and inflation data suggests the economy is beginning... More

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3 Ways to Solve the Housing Crisis

While a host of issues face the industry, the challenges can be overcome. More

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Housing Starts Hit Lowest Level Since June 2020

Multifamily starts declined dramatically in August as the sector was impacted by... More

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