I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now

I'm the COO of a mortgage company that's funded more than $100 billion in loans.  Here are the 3 things you need to know about the housing market now

Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read more

‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash

'All of this points to a broader weakness in the housing market': Buyers are officially spooked by rising interest rates — just don't expect a real-estate crash

‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash The US housing sector is losing steam amid rising rates, which is spooking some would-be home buyers, according to various reports. The housing sector’s been red-hot for months … Read more

I’m the chief economist of Redfin. 5 things to know about the housing market now

I'm the chief economist of Redfin.  5 things to know about the housing market now

Redfin chief economist Daryl Fairweather shares her thoughts and predictions on the housing market. Peak home buying season is in full swing, and many aspiring homebuyers are wondering: What should I know about the housing market if want to buy? After all, interest rates have been rising, with some pros saying that trend will continue … Read more

How to tap into your home’s equity if you aren’t ready to sell

How to tap into your home's equity if you aren't ready to sell

MoMo Productions | Taxi | Getty Images In the last decade, a surge in home prices has built considerable wealth for the middle class. Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value … Read more