If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding ...

MCLEAN, Va., March 06, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage ...

(Joe Lamberti/Bloomberg via Getty Images / Getty Images) MORTGAGE RATES FALL TO LOWEST LEVEL IN OVER 2 MONTHS "The decline in rates increases prospective homebuyers’ purchasing power and should ...

(Steve Pfost/Newsday RM via Getty Images) MORTGAGE RATES FALL FOR FIFTH WEEK IN A ROW, HOVER NEAR 7% The average rate on the 15-year fixed mortgage fell to 5.94% from 6.04% last week. One year ago ...

Lower mortgage rates are good for housing affordability ... Though rates could continue to decrease, they aren't likely to fall much below 6% by the end of 2025. With the spring homebuying ...

Last week, the 30-year-fixed averaged 6.85%. While most mortgage-market observers began the year believing rates were more likely to rise than fall, the national housing market isn’t doing very ...