Nation Nov 06 Average long-term mortgage rate ticks up after four straight weekly declines 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
Economy Sep 12 Wall Street finishes its best week in over a month 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… By Stan Choe, Associated Press
Economy Aug 14 Average 30-year U.S. mortgage rate drops to lowest level since October 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%. By Alex Veiga, Associated Press
Economy Mar 06 Mortgage rates have eased. Here’s why it could still be tough for many to afford a home 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… By Alex Veiga, Associated Press
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
Oct 25 Trump allies hope a win means changes to the mortgage system. Opponents warn it will cost consumers By R.J. Rico, Associated Press If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie Mae and Freddie Mac. Continue reading
Jul 23 June home sales fell to slowest pace since December amid high mortgage rates, home prices By Alex Veiga, Associated Press Home sales fell again, but housing prices climbed for the 12th month in a row. Continue reading
Feb 22 Wall Street sees a solid 2024 ahead for homebuilders, though mortgage rates remain a wildcard By Alex Veiga, Associated Press Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year. Continue reading