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These are today's mortgage and refinance rates. Mortgage rates rose this week as investors weighed the GOP tax bill, a credit ...
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
After hitting a peak of 7.04% in January 2025 ... “[M]any economists expect mortgage rates will stay near their current levels for some time, possibly for most of 2025,” Cook says.
Homebuilders also noted a steep drop in demand in April, with sentiment among that group at the lowest level since the end of ...
"Looking ahead, the Fed’s wait-and-see approach is likely to keep mortgage rates at a high-6% in the near term, unless major ...
Even with construction companies offering cheap mortgages, youngish people are finding it difficult to enter the market.
US home sales have hit a 15-year low in April, mirroring trends from 2009, as mortgage rates hover near 7%. Existing home sales dipped 0.5% from March, with prices reaching a record $414,000 ...
The National Association of Realtors says existing home sales fell half-a-percent last month. That’s the slowest April pace since 2009, according to the new data. Home sales were 100,000 below ...
The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.17%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners ...
Home prices remain near record highs ... Home buying activity tends to pick up when mortgage rates drift below 6.7%, Nadia Evangelou, senior economist and director of real estate research at ...
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