Friday, May 17, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Costs Rise 20% Since December 2021, Zillow Report Finds

Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. The cost of a 30-year mortgage on the typical U.S. home is now 19.5% higher than it was just three months ago, according to Zillow’s March Real Estate Market Report. Despite this, the pace and volume of sales picked up in March, showing the depth of the pool of home buyers willing and able to meet

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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