Economy Feb 26 Average U.S. long-term mortgage rate dips below 6% for the first time since 2022 By Alex Veiga, Associated Press
Economy Jan 14 2025 home sales stuck at 30-year low The U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market. By Alex Veiga, Associated Press
Economy Nov 13 Average long-term mortgage rate edges higher to 6.24% The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, hovering near its low point so far this year. By Alex Veiga, Associated Press
Nation Nov 06 Average long-term mortgage rate ticks up after four straight weekly declines The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week. By Matt Ott, Associated Press
Economy Oct 31 How does a Federal Reserve rate cut affect your finances? 4 things to know While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit cards, auto loans, mortgages, and other financial products. By Cora Lewis, Associated Press
Sep 12 Wall Street finishes its best week in over a month By Stan Choe, Associated Press Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already… Continue reading
Aug 14 Average 30-year U.S. mortgage rate drops to lowest level since October By Alex Veiga, Associated Press The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%. Continue reading
Mar 06 Mortgage rates have eased. Here's why it could still be tough for many to afford a home By Alex Veiga, Associated Press The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook… Continue reading
Feb 20 What experts are forecasting for renters and homebuyers this year By Kenichi Serino Stubbornly high mortgage rates, rising rents and a lack of affordable housing have contributed to fewer home sales and rising homelessness for the past three years. 2025 might not look much different, experts say. Continue reading
Jan 24 2024 U.S. home sales fell to the lowest level in nearly 30 years as prices and mortgages soared By Alex Veiga, Associated Press The National Association of Realtors said Friday that existing U.S. home sales totaled 4.06 million last year, a 0.7% decline from 2023. Continue reading