Colorado housing market faces falling buyer demand as mortgage rates hit two-year high

US fixed 30-year mortgage rate jumps to 7.12%, MBA says

By Ann Saphir Sept 23 (Reuters) - The rate on the most popular US home loan rose last week to its highest in more than two years, ​after the Federal Reserve lifted short-term interest rates ‌to combat inflation, and rising oil prices drove up Treasury ...

Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.

Mortgage rates are nearing 7%, delivering another blow to a housing market already losing buyers and facing stalled sales

Home sales have fallen to their lowest pace in more than a year and sellers are offering concessions to lure back buyers

Bay Area homebuyers weigh higher mortgage rates as real estate market shifts

By Da Lin Mary D’Orazi is ready for a change. After living in her Oakland home for 23 years, the retired Oakland resident is looking to sell and move to a quieter part of the East Bay, or in the Oakland Hills. But as D’Orazi tours homes, she is keeping a close eye on mortgage rates. “We’re looking for some place that has a little space between neighbors and has a nice nature feel,” D’Orazi said while touring an Oakland Hills open house on Saturd…

Home sellers may have to 'take a hit' as rates rise, real estate experts say

American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision. Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave of price reductions for sellers seeking to close deals before year-end, real estate insiders told Fox News Digital. “Sellers have… very […]

Colorado housing market faces falling buyer demand as mortgage rates hit two-year high

Fewer Colorado homes are selling, and those that do are taking longer to move — a trend that could deepen as mortgage rates climb above 7%, adding to affordability concerns for would-be buyers. The average...