Mortgage rates crossed over 7% for the first time since December, making homes less affordable just ahead of the spring housing market.

Many homeowners in the U.S. are losing their home insurance policies. Major insurers like State Farm and Allstate are no longer offering new policies in California. State Farm attributes this to increased wildfire risk, inflation and other challenges in the region. Louisianan and Floridian homeowners are facing similar issues due to flood risk. Watch the video to learn more about why homeowners are receiving non-renewal notices and what that means for the U.S. real estate market.

U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.

Half of renters in the U.S. are considered cost-burdened, meaning they spend 30% or more of their income on housing, a Harvard study found.

Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth.

Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.

After a few years of record-high rent costs, prices are beginning to cool in some areas. Here’s what that means for renters.

Pranjul Bhandari, chief India economist at the bank, says that’s because “incomes haven’t fallen that much, as was feared a couple of months ago.”

As the Federal Reserve sets the stage for rate cuts later this year, here’s what that means for your credit card, mortgage rate, auto loan and savings account.

After rising for several weeks, mortgage demand fell last week as buyers faced increased competition for a limited supply of homes.

Ramesh Nair of Mindspace Business Parks says “India is the country with the maximum office absorption in the world.”