Mortgage news this week
Home prices continue their upward trajectory for the sixth month in a row — surpassing June 2022’s high — according to the Case-Shiller Index. Also in the news: Mortgage rates are at levels not seen since 2000; even as prices rise, existing-home sales are sagging; the U.S. housing shortage persists.

Home prices hit record highs nationwide

Prices have recovered and exceeded highs in 2022 according to data from the new Case-Shiller Index report. Learn how these rising prices break down on a regional level.

Mortgage rates climb week-over-week

Rising mortgage rates, now at their highest in two decades, continue to squeeze buyers over affordability. Learn how this squeeze could affect where home prices go this fall.

Home sales are falling

Low inventory, rising prices and mortgage rates have had a detrimental effect on home sales. Here’s what this means for the health of the housing market.

With fewer buyers, why is there still a housing shortage?

Housing inventory has stayed at stubbornly low levels through the economic ups and downs of 2021 and 2022 — and now, 2023. But what’s driving the shortage of homes now?