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mortgagerates

Nation Sep 28

High mortgage rates compound housing affordability challenges

By Amna Nawaz, Jackson Hudgins, Molly Mazilu

Nation Aug 11

Birds sit on a telephone line near Skid Row Housing Trust's 102 pre-fabricated 350 square foot modular apartments under co...
Almost nowhere in California is building enough housing. Here's why

California cities and counties are struggling to meet state housing targets. Despite having state-approved plans, actual construction lags behind.

By Ben Christopher, CalMatters

Economy Feb 26

FILE PHOTO: Homes for sale in Washington
Average U.S. long-term mortgage rate dips below 6% for the first time since 2022

The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%.

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 Nov 01

FILE PHOTO: A "For Sale" sign stands at a house in Miami
U.S. home turnover rate at lowest level in decades as housing slump drags on, analysis finds

The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn't been this low in nearly 30 years, according to an analysis by Redfin.

By Alex Veiga, Associated Press

Oct 23

Average long-term mortgage rate drops to lowest level in more than a year

By Alex Veiga, Associated Press

The average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year.

Continue reading

Oct 14

What to know about new U.S. tariffs on cabinets, vanities and some wooden furniture

By Mae Anderson, Associated Press

President Donald Trump cited national security and foreign trade practices as grounds for imposing the tariffs on certain finished wood products and product components.

Continue reading

Sep 18

What to know about the Fed's rate cut and mortgage rates

By Alex Veiga, Associated Press

Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it.

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Aug 21

Watch 5:46
Home sales went up in July, offering momentum to a struggling market

By Geoff Bennett, Azhar Merchant

The housing market showed signs of life in July, with existing home sales increasing by 2% from the previous month. It's offering a bit of momentum to a market that’s been struggling. Geoff Bennett discussed the numbers with Daryl Fairweather,…

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Mar 05

Trump administration took down its list of hundreds of federal buildings targeted for potential sale

By Jill Colvin, Michael R. Sisak, Associated Press

By Wednesday morning, the list was gone entirely.

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Full Episode
Friday, Oct 16
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