Housing

Many seek the best places to live to avoid climate change—but do those places exist? And where will climate refugees go when the crisis forces them to relocate?

Inflation is at a 40-year high and interest rates are going up too. So potential homebuyers might need to set their sights on a cheaper home in a more affordable area, while other potential buyers might back out of the market for now, says Lawrence Yun, chief economist for the National Association of Realtors.

As mortgage interest rates spike, it costs more to buy a home. Whether renting or owning, many people waste money on housing, says a Harvard-trained economist.

More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.

With both home prices and rents rising, you’ll have to make a decision based on your personal situation. Here’s what to consider.

A sharp increase in mortgage rates causes a plunge in refinance demand.

You’ll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.

Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.

In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according to data from the National Association of Realtors.

The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.

Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.

Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.

Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.

Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.

Home value growth surpassed median salaries last year in 25 of 38 metropolitan areas across the country, according to research from Zillow.

Rising mortgage rates are starting to take their toll on homebuyers. Sales fell far more than expected in February.

Rising mortgage rates are starting to take their toll on homebuilder confidence, especially sales expectations.

A sharp jump in mortgage rates last week soured demand from both current homeowners and potential homebuyers, causing mortgage applications to drop.

Single-family rents were up 38.6% in Miami, compared with just a 2% jump for the city in January 2021.

Consumers are seeing prices rise rapidly for household staples.