Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Mortgage rates more than doubled in less than 12 months despite declining sales, inventory, and prices.
2022 had been a rollercoaster ride for potential home-buyers. Mortgage rates more than doubled in less than 12 months despite declining sales, inventory, and prices.
The average rate for a 30-year fixed mortgage is now 6.31%.
The average rate for a 30-year fixed mortgage is now 6.31%.
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
The gap between what it costs to rent and own has widened this year amid rising mortgage rates.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The Federal Reserve is working to mitigate the financial fallout from coronavirus and that includes lowering mortgage rates.
Is the Obama administration failing the housing market? Maybe.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
The Pirates will start the season on the road but will face the Yankees in their first homestand in 2025.
The public will pay their respects to Corey Comperatore on Thursday.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
The public will pay their respects to Corey Comperatore on Thursday.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
The Pirates will start the season on the road but will face the Yankees in their first homestand in 2025.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
A Pittsburgh doctor explains the dangers of expired car seats.
Want to check the latest product recalls, click here!
The health department issued a consumer alert for Coraopolis Cash Market,
Fans looking for tickets to the game will need to buy season tickets, a mini-plan, or group tickets.
Sheetz will now deliver beer to Pennsylvanians, the Altoona-based convenience store chain announced on Tuesday.
Pittsburgh Magazine's Sean Collier was here with some friends from Vigilance Theater, to tell you how you can get involved in their upcoming murder-mystery show.
Pick-Your-Own-Farms is where you can harvest buckets of berries for yourself, which have become a family tradition for many. We learned about five local farms that your kids will love from Kidsburgh's Yu-Ling Behr.
From elegant evening soirees to causal beach celebrations, Daisy was at Macy's to show us how to dress to impress for every type of wedding.
Pittsburgh area muralist Kyle Holbrook joined the show to talk about his upcoming journey to Paris for the Olympic Games!
Daisy joined us this morning from Spiritzery, Pittsburgh's newest pop-up bar. It's been popping up all over social media.
Gov. Josh Shapiro signed legislation aimed at saving pharmacies from going out of business.
The Pittsburgh Bureau of Police is initiating new patrols Downtown focused on smoke shops and the street activity around them.
Columbia Gas wants to abandon service to the Burhan-Crouse Funeral Home.
Leaders in Pittsburgh have taken the first step toward preventing the random Downtown attacks the city has seen on innocent people.
Pittsburgh's public safety director said the system fails to address the underlying problems of homelessness, addiction and mental illness.
Health challenges like cancer and heart attacks have knocked down Ronald Davis, but he continues to not just get back up, but keep moving.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
In the aftermath of the assassination attempt on former President Donald Trump, medics, doctors, and nurses jumped into action to treat the wounded.
A Baldwin resident has been hospitalized with Allegheny County's first human case of West Nile virus this year.
Rite Aid, which has already closed hundreds of stores, is shutting more locations in Michigan and Ohio.
The Pirates will start the season on the road but will face the Yankees in their first homestand in 2025.
Rob King steps in for long-time play-by-play analyst Bill Hillgrove who retired in February.
The Steelers signed their 2016 seventh-round pick, linebacker Tyler Matakevich, to a one-year contract.
Pitt and men's basketball coach Jeff Capel have agreed to a contract extension that runs through at least the 2029-30 season.
A Pittsburgher is going to the 2024 Paralympic Games in Paris.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
A lifelong Pittsburgher has been named the new general manager of Kennywood.
The multi-year partnership begins this season.
KDKA-TV talked exclusively with Takahiro Mori, vice chairman of Nippon Steel and the head of its global operations, about the proposed deal.
The popular Pittsburgh spot was praised for its pepperoni size and its unique crust.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
"Dance Moms" star Christi Lukasiak is facing DUI charges after a crash in Westmoreland County last month.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Shannen Doherty had been battling cancer since 2015.
Richard Simmons devoted his life to making people sweat with his "Sweatin' to the Oldies" workout videos.
Pittsburgh area muralist Kyle Holbrook joined the show to talk about his upcoming journey to Paris for the Olympic Games!
Coming up on PTL ... Picklesburgh! (7/18)
KDKA Barry Pintar and Mary Ours are picking the pickled-foods they plan to try at Picklesburgh.
Today on Talk Pittsburgh (7/18)
Stay on top of local weather with meteorologist Mary Ours’s forecast!
Cranberry Township police asked all residents to shelter in place and lock their doors while they searched for a "suspicious person."
People in the Pittsburgh area are cleaning up after storms rolled through on Wednesday.
To celebrate a company-wide Community Day, KDKA held a food donation drive for the people who need the most help in our area. The Talk Pittsburgh team loaded the donations up and took them over to Jubilee Kitchen. Here's a look!
Residents in Western Pennsylvania are cleaning up after storms rolled through the region on Monday.
Pro-Palestinian protesters set up a new encampment at the University of Pittsburgh.