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U.S. home sales weaken to slowest pace in more than a...

Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising...

Average rate on a 30-year mortgage climbs to highest level in...

Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year. The benchmark...
Michael J. Highfield

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...
GAME CHANGER: Nicholas Brownell, branch manager for Total Mortgage Service LLC in Newport, says in addition to a lower monthly payment for homeowners, affordable payment structures, such as a 50-year mortgage, could expedite home sales and benefit investors with improved cash flow management over a longer period.
PBN PHOTO/KATE WHITNEY LUCEY

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...
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