Mortgage rates are approaching 7%, and the Real Estate market in the USA is facing ominous signs.
High borrowing costs are squeezing demand, leading to a nearly 7% drop in the MBA's mortgage application index for the week of the 27th, falling to its lowest level since mid-November.
Mortgage Rates Inch up to Start the Year at a Near Six-month High. Will the Housing Market Become More Affordable in 2025?
Weak Construction Spending Likely a Headwind for U.S. GDP -- Market Talk
November US Construction Spending Flat, Residential Building Up
LGI Homes Opens New Community in Winston-Salem Area
Inflation Is Worse for the Young, and Black Families -- Barrons.com
