News

Mortgage Demand Tumbles as Interest Rates Soar to 7% Again Following Brief Lull

Mortgage rates hovered arouund 3% this same time in 2022, but is significantly below the recent peak of 8% in October 2023.

Homeownership Among Latinos, Asian Americans Hit Record High Amid Rising Mortgage Rates: Report

Homeownership rates among Asian Americans and Latinos rose by 6% between 2012 and 2022. The share of Hispanic and Asian Americans who own homes in the United States has reached historic peaks, hitting all-time highs in 2022 despite soaring mortgage rates, according to a new report.

Homeowners Insurance Soars in 10 US States: Report

The average home insurance cost rose to $1,759 nationwide, up 23% from last year. Homeowners insurance rates have risen dramatically from January 2023 to February 2024, according to a report.