Mortgage Rates End Week Slightly Lower
Digest more
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
Rate buydowns, negotiations, and nepo money: Here's how people are affording homes in today's market
Homebuyers are tapping into more creative ways to buy a house or asking family for help with affordability.
A massive financial divide is splitting many Americans, and it comes down to when you locked in your mortgage rate. People who bought homes or refinanced before 2021 often have far better monthly payments, while today's buyers face borrowing costs that can be $1,000 or more per month higher for the same homes.
Now at an average 6.67% rate on a 30-year mortgage, rates are down by more than 20 basis points from where they sat at the end of May. And, more importantly, they could continue to decline in the ...
Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, regional vice president at William Raveis Mortgage, explains how Federal Reserve signals,
Everyone’s waiting for the Fed to cut rates—but will mortgage rates even fall when it happens? Here’s what homebuyers should know before banking on a drop that may never come.
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate ... Fannie Mae now expects rates around 6.1% by the end of 2025 and 5.8% by the end of ...
The average rate for a 30-year fixed mortgage rate was 6.77% for the week ending Jun. 20, down from the prior week’s average of 6.81%, according to Freddie Mac data published Thursday.
The share of homeowners who don’t have a mortgage payment rose to 40% in 2023, up from 33% in 2010, which reflects a trend toward outright homeownership and conservative borrowing, according to a Goldman Sachs note published Tuesday. Meanwhile, the housing market is particularly vulnerable for homeowners who just recently bought.