Home prices continued their upward trend in February, defying high mortgage rates and low inventory of homes for sale. The S&P CoreLogic Case-Shiller national housing index rose 6.4% from February a year ago and up from the 6% annual increase registered in January. San Diego led the way with an 11.4% annual increase, while Chicago and […]
A new report has revealed just how reluctant homeowners are to sell due to the attractiveness of their current mortgage rates. The April ICE Mortgage Monitor report found that, on average, a homeowner’s payment would more than double if they traded up to a home just 25% more expensive. “After American mortgage holders secured some […]