Headwinds will slow but not stall the mortgage market

Last year was an extraordinary one for the U.S. housing market — record-low interest rates, record-high annual growth for single-family home prices and rents, foreclosure rates at a generational low and the largest number of home sales in 15 years. Home sellers benefited from a market in which their properties sold quickly and often above…...

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Rising prices may actually support the home-purchase decision

For some people, the message that homeownership is better than renting simply doesn’t resonate. There are many reasons for this, of course, from the convenience of having a landlord fix anything that’s broken to the fancy amenities of some apartment communities. These arguments tend to minimize or ignore the mounds of evidence that paint homeownership…...

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