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Real Estate

Home Sales Fall for Third Straight Month Amid Rising Mortgage Rates, Record-High Prices

Despite the pullback in sales, home prices climbed compared with a year earlier for the 11th month in a row. read more >
Banking & Finance / Real Estate

Mortgage Rates Ease, Pulling the Average Rate to 6.99%

The rate dipped to just below 7% this week, which is little relief for prospective homebuyers already struggling with rising housing prices. read more >
Banking & Finance / Real Estate

Mortgage Rates Snap Three-Week Pullback, Pushing Average Rate Back Above 7%

After climbing to a 23-year high of 7.79% in October, the average rate on a 30-year mortgage stayed below 7% this year until April. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Snaps Five-Week String of Increases, but Remains Above 7%

The rate fell to 7.09% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.35%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Climbs for Fourth Straight Week

The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.43%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Climbs Above 7% to Highest Level Since Late November

The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.39%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Edges Closer to 7%, Rising to Highest Level Since Early March

The average rate on a 30-year mortgage rose to 6.88% from 6.82% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.27%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Declines to Levels Last Seen in Early February

Despite the choppy trajectory in mortgage rates this year, the average rate on a 30-year home loan is still down from the 23-year high of 7.79% it reached in late October. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Edges Lower for the First Time in Five Weeks

The average rate on a 30-year mortgage slipped to 6.88% from 6.94% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.73%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rises To 6.94%

The average rate on a 30-year mortgage rose to 6.94% from 6.90% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.65%. The average rate is now just below its highest level since mid-December, when it was 6.95%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Rises to 6.77%, Highest in 10 Weeks

The average rate on a 30-year mortgage rose to 6.77% from 6.64% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Edges Higher, but Remains in Mid-6% Range

The average rate on a 30-year mortgage rose to 6.64% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. read more >
Banking & Finance / Real Estate

Average Long-Term Mortgage Rate Falls to 6.6%, Lowest Since May

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased this week, dropping the average rate to 5.76% from 5.87% last week. A year ago, it averaged 5.28%, Freddie Mac said. read more >
Banking & Finance / Real Estate

Average Long-Term Mortgage Rates Rise Again, Reaching Their Highest Level in 4 Weeks

The average rate on a 30-year mortgage rose to 6.66% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%. read more >
Banking & Finance / Real Estate

Average Long-Term Mortgage Rates Edge Higher, Snapping 9-Week Slide

The average rate on a 30-year mortgage inched up to 6.62% from 6.61% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.48%. read more >
Banking & Finance / Real Estate

Average Long-Term Mortgage Rates Dip for 9th Straight Week

Some housing economists are forecasting that home sales will increase next year, on the assumption that mortgage rates ease further. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Falls to 6.67%, Lowest Level Since June

The latest drop in rates is the eighth in as many weeks. read more >
Real Estate

5-Month Skid in Home Sales Snapped in November as Easing Mortgage Rates Give Buyers Breathing Room

Existing home sales rose 0.8% last month from October to a seasonally adjusted annual rate of 3.82 million, the National Association of Realtors said Wednesday. That tops the 3.78 million sales pace economists were expecting, according to FactSet. read more >
Banking & Finance / Investments / Real Estate

Average Long-Term US Mortgage Rate Dips Below 7% to Lowest Level Since August

LOS ANGELES (AP) — The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held […] read more >
Banking & Finance / Industry / Real Estate

Average Long-Term US Mortgage Rate Falls to 7.03%, Lowest Since August

The average rate on a 30-year mortgage dropped to 7.03% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%. read more >