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Mortgage

Low Mortgage Rates Can’t Stop a U.S. Housing Market Crash

A housing market crash appears inevitable as people won’t be able to buy a home at current price levels. As many Americans lose their jobs due to the coronavirus pandemic, they might want to sell their house to free up money. It’s becoming harder to get a mortgage as lending criteria are tightening. The U.S.…

Rising Mortgage Rates Can Sink the U.S. Housing Market

The U.S. housing market has been relying on low mortgage rates for growth. Freddie Mac reveals that mortgage rates have been ticking up. Higher mortgage rates could price more buyers out of the market. The U.S. housing market has been propelled higher by a low 30-year fixed-rate mortgage, but it looks like that party could…