The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year.
The median sales price of new houses sold in January was $420,700.
Optimism about the economy is growing in the housing industry.
Real estate experts are breaking down what you can expect with the housing market in the new year.
US mortgage rates continued to drop this week, which extends the good news for home buyers who have been facing the least affordable housing market since the 1980s.
The anticipated interest rate cuts would deliver relief for many consumers -- but not all of them.