Homebuyer affordability remained unchanged in July from June, according to Mortgage Bankers Association‘s (MBA) Purchase Applications Payment Index (PAPI). The index measures how new monthly mortgage […]
Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates […]
Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin. A homebuyer on a $3,000 monthly budget, […]