Tag: housing market
The Fed can do very little about high mortgage rates
The 30-year mortgage rate has been stuck at recent highs well above 6%, and pricey mortgages have been weighing on the housing market more...
Average U.S. long-term mortgage rate ticks higher to 6.1%
The average long-term U.S. mortgage rate edged up for the second week in a row, but remains just above its lowest level in more...
Would 50-year mortgages ease affordability crisis?
The Trump administration has floated the idea of a 50-year mortgage as a way to make homes more affordable at a time of skyrocketing...
In homebuying, winning bid may bring a curse
In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch:...
Average rate on a 30-year mortgage falls to lowest level in...
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury...
Homeownership further out of reach as rising prices, high mortgage rates...
LOS ANGELES (AP) – Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what...
Mortgage rates climb to highest level since late February
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in...
Average rate on 30-year mortgage hits 6.6%, its third straight weekly...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers...
Average rate on a 30-year mortgage in the U.S. rises for...
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July.
The...
Will the Federal Reserve cut interest rates fast enough to deliver...
WASHINGTON (AP) – American consumers and homebuyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised...
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