Real Estate and Housing (Residential) – Page 30

Mortgage Rates Jumped to the Highest Level Since 2002

Also, a new era of weight loss drugs. Here’s the latest at the end of Thursday.

The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.

Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising.

The outdoorsy lifestyle of Colorado mountain towns has become a magnet for the new remote-worker class, upending life for those already rooted there.

Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.