News

Thousands of homeowners who took adjustable-rate mortgage loans (ARMs) five years ago are set to see their rates suddenly skyrocket as the initial offer they accepted expires and payments are adjusted ...
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. ... In 2019, for example, rates for a 30-year fixed-rate mortgage ranged from about 3.75% to 4.5%.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, ...
Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market ...
Mortgage rates will continue to average above 6% next year, and home prices will keep rising, ... but still well above the 4% historical average recorded from 2013 to 2019.
The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers.
Rates for home loans remained high as consumer and investor confidence take a hit amid the White House's tariff rollout. In the week ending April 24, 30-year fixed-rate mortgages averaged 6.81% ...
Not even falling mortgage rates are good news for homebuyers these days. ... "Since 2019, the monthly payment on the median priced home has nearly doubled," Sturtevant said.