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Stock impact report

25 States with Highest Mortgage Delinquency Rates [Yahoo! Finance]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Yahoo! Finance
If you want to skip and head straight to the top 11 of our list, go to 10 States with Highest Mortgage Delinquency Rates Home buyers in the United States are facing record-high interest rates. The average 30-year fixed mortgage rate currently hovers around 6.8%, which is 2.5 times higher than the record lows of early 2021. In theory, this should lead to a decrease in home prices as demand for housing decreases with rising mortgage rates. However, as we saw in our piece about major cities with the highest home price increases since the pandemic , they are increasing. The US real estate market is returning to its pre-pandemic trend of home prices growing nearly half a percent every month. According to CNBC, the month-on-month home price growth was recorded at 0.6% in February, this year. So, what is keeping the home prices up despite a record-high 30-year mortgage rate? Economists at the Federal Housing Finance Agency have published research that might answer this question. Accord Show less Read more
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