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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.
Our Nerdy take on mortgage rate trends May 21, 2025: Mortgage rates keep hanging around near the 7% level, and that's too high for a lot of would-be buyers who are waiting for rate relief.
Homebuilders also noted a steep drop in demand in April, with sentiment among that group at the lowest level since the end of ...
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.
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 ...
The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago.
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 ...