Have mortgage rates hit their peak?
Have we seen peak mortgage rates? Mortgage rates have trended upwards over the past few weeks, but have they hit their peak? CBS News spoke with several industry experts and they had a lot to say about the direction of the mortgage market. Glenn Brunker, president of...
How much equity does the average American homeowner have right now?
How much equity do American homeowners have in their home? According to recent data from MarketWatch, the average American homeowner has nearly $200,000 in home equity. As of June 2023, homeowners in the U.S. have $10.5 trillion in home equity, the fourth highest...
Which housing markets could be the most stable in 2023?
Which housing markets offer the most stability for the rest of the year? Predicting housing markets can be a challenge, even for experts. A recent report from the National Association of Realtors was developed to offer a prediction for stable housing growth was...
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What does the latest prediction for the housing market in 2023 say? We still have over five months left in 2023. What are the experts saying the housing market will look like for the rest of the year? The team at Money magazine has reviewed the current conditions,...