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National Association of Realtors

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 Rises Modestly This Week, Holding Just Below 7%

LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose modestly this week, holding below 7% as it has for much of this year. The average rate on a […] read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Climbs Back to Nearly 7% After Two-Week Slide

The average rate on a 30-year mortgage rose to 6.87% from 6.74% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.42%. The average rate is now just below where it was two weeks ago. read more >
Real Estate

February Home Sales Hit Strongest Pace in a Year

The pickup in sales helped push up home prices compared with a year earlier for the eighth month in a row. read more >
Legal / Real Estate

Real Estate Lawsuit Settlement Upends Decadeslong Policies That Helped Set Agent Commissions

Under the terms of the agreement announced Friday, the National Association of Realtors also agreed to pay $418 million to help compensate home sellers across the U.S. 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 >
Insurance / Real Estate

Home Sales Rose in January as Easing Mortgage Rates, Higher Inventory Enticed Homebuyers

Existing home sales rose 3.1% last month from December to a seasonally adjusted annual rate of 4 million, the National Association of Realtors said Thursday. 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 >
Real Estate

2023 Was Slowest Year for Us Home Sales in Nearly 30 Years

Sharply higher home loan borrowing costs limited home hunters' buying power on top of years of soaring prices. A dearth of homes for sale also kept many would-be homebuyers and sellers on the sidelines. 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 >
Business Services / Real Estate

National Association of Realtors Grapples With More Leadership Turmoil as President Resigns

The Chicago-based organization said Monday that NAR president Tracy Kasper has resigned, effective immediately, and is being succeeded by the trade group's president-elect, Kevin Sears. 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 / Real Estate

Lower Mortgage Rates Next Year Unlikely to Entice ‘Rate-Locked’ Homeowners to Sell, Economists Say

That sets the stage for the housing market to remain constrained by a low supply of homes on the market, even if rates decline, economists say. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Falls to 7.22%

The latest decline brought the average rate on a 30-year mortgage down to 7.22% from 7.29% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%. read more >
Banking & Finance / Real Estate

Home Sales Slumped to Slowest Pace in More Than 13 Years in October

The last time sales slumped this hard was in August 2010, when the housing market was in recovery from a severe crash. read more >
Banking & Finance / Real Estate

Average Mortgage Rate Rises for 7th Straight Week

The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers. read more >