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Is the housing market going to crash? What the experts are saying
The housing market keeps defying expectations. But experts agree that a crash is not imminent.
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
When you’re applying for a mortgage, shop around and do your homework — informed borrowers can save thousands of dollars over the life of their loan. Don’t fixate on finding the absolute perfect option, though, or timing your loan to a low point for mortgage rates. If you’re borrowing now, mortgage rates could go down in the future. Avoid worrying about all those things that are both out of your control and impossible to predict.
The housing market keeps defying expectations. But experts agree that a crash is not imminent.
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Compare 15-year refinance rates and find your preferred lender. Check rates today to learn more about the latest 15-year refi rates.
Compare 15-year mortgage rates and find your preferred lender. Check rates today to learn more about the latest 15-year mortgage rates.
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But is the reduction in rates worth a rush to redo your loan?
This is the week that was in mortgage rates across the U.S.
When, if ever, is it ok to cash in your ownership stake?
They both related to property ownership, but one is a physical thing and the other is abstract.
A tug of war is playing out in the mortgage market. Inflation is pushing rates up, while fears of a recession are pulling them back down.
Until inflation is tamed, mortgage rates are likely to keep rising.
The highest inflation in decades will push rates up. But will war in Ukraine pull rates back down?
Mortgage rates are unlikely to fall to 2021 levels, but the big moves could be over for now.
Some options if you want a house but your savings are small.
It’s a mortgage has to adhere to certain standards — to protect both you and the lender.