The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
In a letter addressed to the Senate banking committee, the MBA gave a strong endorsement for Bill Pulte to become the next ...
A judge's ruling temporarily blocked the Trump administration's order from going into effect, but confusion lingers about how ...
President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.