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Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of ...
Fannie Mae's forecast puts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
Since the pandemic, U.S. mortgage rates have risen dramatically. This surge, combined with historically high home prices, has ...
In short, it will be difficult for mortgage rates to drop below 6% without the risk of a job-loss recession. Fannie Mae now expects rates around 6.1% by the end of 2025 and 5.8% by the end of 2026.
After a five-week decline, mortgage rates have now climbed for three straight weeks. But that doesn't necessarily mean you ...
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. The average for a 30-year fixed mortgage is 6.81% today ...
The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for ...
Cotality shows that in the first half of 2024, investors accounted for nearly 30% of single-family home purchases.
Demand for mortgages jumped 9.4% for the week ending July 4, adjusted for the holiday break, according to Mortgage Bankers ...
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Experts predict the Fed won't start cutting rates until the fall at the earliest. That means we're not likely to see mortgage ...
Americans are buying fewer homes as mortgage rates remain high and property prices, bafflingly, continue rising at the national level.