Most real estate agents surveyed by CNBC listed affordability as the No. 1 reason why buyers are delaying their purchases.
More positive news was delivered for homebuyers on Thursday when FreddieMac released its latest mortgage interest rate data.
Average weekly mortgage rates are below 6.2%, and could drift even lower if the Federal Reserve keeps trimming its benchmark ...
“At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower,” Sam Khater, Freddie Mac’s chief economist, said in a statement.
Thirty-year mortgage rates fell to a one-month low today. The current mortgage rate on a 30-year fixed mortgage fell by 1.90% ...
Lower rates are helpful for would-be buyers. An analysis from Redfin shows that the typical U.S. monthly payment is $2,556, ...
The rate on a 30-year fixed refinance climbed to 6.27% today, according to the Mortgage Research Center. The 15-year, ...
Economist Larry Summers said mortgage rates were “considerably more likely to rise than fall” as the federal deficit grows.
Mortgage rates dropped to a 1-year low, and recent data shows a clear shift toward buyers across the U.S. housing market.
The average rate on the 30-year fixed mortgage fell this week to 6.19%, according to the latest Freddie Mac data released on ...
Growing government shutdown angst and preparation for the Fed's October meeting have pushed mortgage rates down. The average ...
A growing federal deficit and elevated inflation expectations will keep mortgage rates above 6 percent, an economist warns.
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