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Mortgage Rates over 7% and Heading Higher, Housing Market Still Frozen, Lots of Buyers on Strike as Prices Still Too High

April 17, 2024 Mariel Alumit

All that makes sense, but why are there still any cash-out refis when people could take cash out via HELOCs, without losing a 3% mortgage? By Wolf Richter for WOLF STREET. Mortgage rates continue to trudge higher from […]

Price
Finance

Are Hopes of Lower Mortgage Rates Freezing Up the Market Further? Buyers’ Strike Continues

January 10, 2024 Stu Turley

Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going […]

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