Another Housing Market Obstacle Just Got Steeper. Mortgage Rates Near One-Year High.
The average interest rate for a 30-year fixed-rate mortgage increased to 6.65% last week, the highest level since August 2025.
U.S. Home Prices Hit Record High As Bipartisan Housing Bill Becomes Law Despite Trump's Refusal To Sign It
Although mortgage rates have risen sharply since 2022, home values have largely continued climbing due to persistent supply shortages.
Mortgage Rates Are High. Homebuyers Are Ditching Adjustable-Rate Options Anyway.
Mortgage demand remained largely unchanged last week as borrowing costs continued to move within a narrow range. At the same time, prospective homebuyers showed less interest in adjustable-rate mortgages, signaling a preference for stability despite elevated interest rates.
Weekly Mortgage Demand Jumps Nearly 11% Despite Interest Rate Volatility
The total mortgage application volume increased by almost 11% from the previous week, signaling that many buyers remain eager to enter the market despite borrowing costs that remain well above historical lows.
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Single Gen Z Women Dominate First-Time Homebuying as Gen Z Men Struggle to Enter Market: Report
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LIST: Mortgage Rates at Three-Year Lows — Why You May Want to Act Now
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Mortgage Brokers Boom While Borrowers Burn: The Hidden Cost of 'Free' Home Loan Fixers
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UK Banks Slash Mortgage Rates Before Key Bank of England Vote — Analysts Predict Shock 0.25% Cut
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California Home Burns Down in Wildfire One Day After Owner on Verge of Retirement Finished Paying Off Mortgage
Totress Beasley and her son are now searching for a one-bedroom apartment in an increasingly difficult market, fueled by price gouging landlords.
30-Year Mortgage Rates Now Highest Since July: Freddie Mac
The rate averaged 6.93%, up from 6.91% last week. It has been trending upward for the past four weeks.
Mortgages Rates Keep Rising Despite Fed Rate Cuts
Mortgage applications are dropping as rates remain elevated. Here's what's going on.
Sales Of New US Homes Lowest In Around Two Years: Govt
New home sales in the United States fell short of analyst expectations in October, hitting the lowest rate since late 2022, according to government data released Tuesday, with mortgage rates ticking up during the month.
Sales Of New US Homes At Highest Level In Over A Year
Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates.
Mortgage Refinance Boom Underway After Rates Fall
Rates are a full point lower than a year ago
Mortgage Rates Keep Falling, Applications Rising
Most mortgage rates dropped slightly last week.
Nearly 1 In 3 UK Residents Miss Payments As Mortgage Arrears Soar By 50% Amidst Rising Interest Rates
More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year.
US Existing Home Sales Rise In July, Ending Downward Trend
Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines.
Mortgage Rates Hit One-year Low As Refinancing Surges
Homebuyers are taking advantage of lower mortgage rates, leading to a surge in refinancing options.
US Faces Lowest Home Affordability Since 2007
U.S. home affordability has hit its lowest point as compared to its average for the past 17 years.
Yellen Urges Action To Curb US Mortgage Market Risks
US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities.
February Sees 4.38 Million Units Sold In Existing Home Market Amid Rising Rates
Existing home sales in the US soared by 9.5% in February to a staggering 4.38 million units, marking the largest monthly increase since February 2023.
Mortgage Rates Climb Again, Dampening Housing Market
Rising mortgage rates are dampening homebuyer activity and refinancing opportunities, with affordability concerns clouding the housing market outlook.
30-Year Mortgage Rates Exceed 7%: Impact On Homebuyers And Housing Market
Mortgage rates underwent substantial fluctuations since the summer, briefly hitting a 20-year high of 8% in October before experiencing a huge drop.
US New Home Sales Up In 2023, Boosted By Limited Existing Supply
Sales of new US homes jumped in 2023, according to government data released Thursday, supported by a lack of inventory in the existing homes market as mortgage rates remained elevated.
Mortgage Demand Drops At 2023's Close With Hopes For Recovery In 2024
The demand for mortgages dropped by nearly 10% in the final week of 2023, signaling a housing market that is still recovering entering 2024.
Sales Of New US Homes Slow In October
New home sales in the United States decelerated in October, according to government data released Monday, although the market for new properties remains boosted by a lack of inventory for existing ones.
Mortgage Seasoning: What It Means And Why It Matters
US mortgage rates remain high in the week ending Sept. 21, with a recorded uptick in the 30-year fixed rate at 7.19 percent, up from 7.18 the week prior.
Homebuyers Leaving Big Metro Cities For Places With Lower Cost Of Living
Homebuyers are leaving large metro areas and seeking a more affordable cost of living in Phoenix, Miami, and Las Vegas.
US Economy: Soaring Interest Rates Spell Trouble For Mortgages
Mortgage demand fell to a 25-year low last week, as unrelenting inflation and high interest rates cool demand.
Banks Head Into A Perfect Storm — A Repeat Of The 2008-9 Crisis?
The worst may have yet to come as new and existing home sales are plunging, and homeowners see no reason to refinance loans at higher mortgage rates.
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