Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?

• Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.

  Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.
  
  MarketWatch - Feb. 21

• Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.

  Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.
  
  MarketWatch - 3h

• Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market

  Home buyers are still struggling with affordability, the National Association of Realtors said.
  
  MarketWatch - Feb. 21

• Mortgage rates stay under 7%. Should you buy a home now?

  Today's mortgage rates are higher than they were a few years ago, but it could still be smart to buy a home now.
  
  CBS News - 3d

• Mortgage rates drop to lowest since mid-December, but demand still falls short

  Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.
  
  CNBC - 2d

• What to know about home prices if you're looking to buy or sell

  With spring selling season just around the corner, buyers may start to see a slight thaw of the real estate market. CBS News business analyst Jill Schlesinger explains.
  
  CBS News - 4d

• Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access

  Eli Lilly is offering higher-dose vials through its direct-to-consumer website, LillyDirect, which started offering lower doses in vials in August.
  
  CNBC - 4d

• 3 mortgage rate scenarios that could happen this March

  If you're planning to buy a house soon, it helps to know what could happen with the mortgage rate environment.
  
  CBS News - 2d

• UK house prices rise more than expected in February

  Average cost of £270,493 is 3.9% higher year on year as buyers try to get ahead of stamp duty changes in April
  
  Financial Times - 1d

More from MarketWatch

• Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.

  Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.
  
  MarketWatch - 3h

• Federal jobs went from reliable to risky overnight. Here’s where Americans can find stable work now — and in the future.

  No job is disruption-proof, but these industries are projected to grow over the next decade.
  
  MarketWatch - 3h

• Bitcoin rout amplified by record ETF outflows, traders say — what investors need to know about ‘faster money’

  Record ETF outflows accompanied bitcoin’s February rout, intensifying the selloff.
  
  MarketWatch - 3h

• As baby boomers turn 80, there aren’t enough doctors to treat ‘emergency levels’ of dementia patients

  ‘Dementia neurology deserts’ already exist in 20 states. The future looks even more bleak.
  
  MarketWatch - 4h

• Trump and Musk’s Social Security ‘chainsaw massacre’ makes no sense

  Donald Trump’s decision to apply his chainsaw to the Social Security Administration will do nothing to shore up the program’s finances — or help balance the federal budget.
  
  MarketWatch - 5h

More in Business

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  How The Power of 3s Can Improve Your Communication

  Third times a charm isn’t just a saying, it’s a hint. Good things come in threes.
  
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• Former New York Gov. Andrew Cuomo launches campaign for NYC mayor in bid to oust Eric Adams

  Cuomo, who left his previous post because of a damning sexual harassment scandal, announced his candidacy on Saturday against fellow Democrat Mayor Eric Adams.
  
  CNBC - 55m
• 

  Student Loan Borrowers Blocked from Affordable Repayment Plans

  The Education Department has pulled down all applications for borrowers seeking to enroll in income-driven repayment programs. Here’s what to know.
  
  The New York Times - 1h

• Trump objected to Zelenskyy's tone and body language in Oval Office clash, White House says

  Zelenskyy challenged the idea that Ukraine can rely on diplomatic guarantees by Russia, whose leader Vladimir Putin launched the war in 2022.
  
  CNBC - 1h
• 

  Starmer welcomes Zelenskyy to Downing Street after bruising Trump clash

  Bid to boost Ukrainian president comes as UK prime minister prepares to host European leaders at vital Sunday summit
  
  Financial Times - 1h