What To Know The May CPI came in lower than expected on Wednesday, with annual inflation rising to 2.4 percent, up from 2.3 percent in April, which was the lowest level in 50 months. Core ...

Sales of new US single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market. New home sales units dropped 13.7% to a ...

New home sales ticked up in January, despite a twin burden imposed by elevated mortgage rates and expensive housing prices, according to U.S. Census data released on Monday.

Nationwide Share of Homes Considered Equity Rich Ticks Up To 47.4 Percent; Homeowners in New England Hold Strong Equity Advantage IRVINE, C ...

With mortgage rates stuck near 7%, it's not shaping up to be a hot summer housing market. The average for a 30-year fixed mortgage is 6.83% today, a decrease of -0.06% since one week ago.

Jumbo 30-year mortgage rates shaved off a single basis point Tuesday, but that follows an 11-point decline Monday. The new average of 6.80% marks yet another two-and-a-half-month low. Rates are ...

However, housing data tends to perform better when mortgage rates move lower from 6.64% toward 6%. We are getting closer, as mortgage rates fell from 6.84% to 6.72% by the end of the week.

Jumbo 30-year mortgage rates tacked on 6 basis points, raising Thursday's average to 7.16%. That's just over the 7.15% reading of five weeks ago, and a new 10-month high. Last fall, however, jumbo ...

Rates for a 15-year fixed mortgage average 6.10% for purchase and 6.14% for refinance, down 11 basis points from 6.21% for purchase and 17 basis points from 6.31% for refinance this time last week.

Home prices continued to rise, with the median sales price of $422,800 up 1.3% from a year earlier and setting a new record high for the month of May.

Here are the main takeaways from the Commerce Department report released Wednesday: —Sales of new single-family homes fell 13.7% to 623,000 from a downwardly revised 722,000 in April.