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Stock impact report

House hunting? Here's what to know as the spring buying season arrives. [Yahoo! Finance]

NerdWallet, Inc. (NRDS) 
Company Research Source: Yahoo! Finance
Although home prices remain historically elevated, purchase costs are growing more slowly. According to Redfin data , median home prices in January rose at an annual rate of 1.1%, down from 4.1% a year ago. "Conditions are better because the mortgage rates are lower and home prices went up slower than wages in the last year, which should be giving homebuyers more purchasing power and more confidence," Daryl Fairweather, chief economist at Redfin, told CBS News. People in the market for a home could also see more listings this spring, according to economists. Where are mortgage rates headed? While mortgage rates ticked back up to 6% this week due to inflation fears linked to the Iran war , that's considerably lower than the March 2025 rate of 6.6%. That may be as good as it gets. Experts think home prices are likely to remain sticky heading into spring and that mortgage rates might not swing much below 6%. "I feel like it's more likely that [mortgage rates] will level off Show less Read more
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