A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, ...
The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the ...
Rates on 30-year new purchase mortgages reached a 6.32% average Thursday, the highest rate since early September. The flagship average has been wavering in higher territory after plunging last month ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance, increased again this week.
“There isn’t much reason to assume that immigrants without legal status are the main driver behind higher home prices,” said ...
By Joseph Finora The Federal Reserve’s move last week that lowered interest rates by 50 basis points was the first time it ...
The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in seven weeks. The rate ...
Mortgage interest rates did not continue to dip as expected following the Federal Reserve's recent decision to cut short-term ...
MCLEAN, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) ...
Mortgage rates remain relatively low, and buyer activity, including home tours and mortgage purchase applications, are up.
On Thursday, Freddie Mac reported 6.12% as the average on a 30-year mortgage, up four basis points from last week.
Freddie Mac’s current mortgage rate for a 30-year loan ticked higher for the first time since July and is now averaging 6.12%.