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A residential home for sale sign is shown in California

Economy Aug 14

Average 30-year U.S. mortgage rate drops to lowest level since October

By Alex Veiga, Associated Press

Economy Jan 11

A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. Photo by Sarah Silbiger/REUTERS
Average long-term mortgage rates rise again, reaching their highest level in 4 weeks

The latest increase follows a nine-week string of declines at the end of last year that lowered the average rate after it surged in late October to 7.79 percent, the highest level since late 2000.

By Alex Veiga, Associated Press

Economy Dec 21

New contemporary attached residential homes are shown under construction in California
Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7 percent

Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectation among economists that home loan borrowing costs will ease further next year.

By Alex Veiga, Associated Press

Economy Oct 20

A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. Photo by Sarah Silbiger/REUTERS
Average long-term U.S. mortgage rates rise this week to 6.94 percent

Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month.

By Matt Ott, Associated Press

Nation Aug 13

findinghome
Watch 7:19
How the Twin Cities is trying to close the racial gap in home ownership

The Twin Cities is one of the most affordable metropolitan areas of the country. Its longstanding racial disparities in home ownership are also among the worst. Just 25 percent of Black residents in Minneapolis and St. Paul own their homes,…

By Fred de Sam Lazaro

Oct 04

Watch 3:59
New ‘know before you owe’ mortgage rules may ease homebuyers’ burden

By PBS News Hour

New rules for home mortgages, designed to make lenders more transparent to borrowers, took effect Saturday. The so-called "know before you owe" rules are meant to protect home buyers from surprises at their closing. Wall Street Journal Reporter Joe Light…

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Jan 25

Watch
No image
Obama Looks to ‘Reestablish’ Economic Security

President Obama is expected to pay particular attention to the needs of middle-class voters in Wednesday's State of the Union.

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