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Tag: Mortgage Rates

Are U.S. interest rates high enough to beat inflation? The Fed...

WASHINGTON (AP) – The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several...

Average long-term U.S. mortgage rate climbs above 7% to highest level...

LOS ANGELES (AP) – Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7%...

Average long-term U.S. mortgage rate rises to highest level since early...

LOS ANGELES (AP) – The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during...

Home sales rose in January with easing mortgage rates, larger supply

LOS ANGELES (AP) – Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest...

Voters usually say yes to bond issues. Are local, state officials...

It’s not a great time to borrow.  Talk to anyone who recently took out a mortgage or a car loan, now paying interest rates not...

Home prices jumped by the most in almost a year in...

LOS ANGELES (AP) – As a closely watched housing market barometer shows U.S. home prices in November posted their biggest annual gain in more...

2023 was slowest year for U.S. home sales in nearly 30...

LOS ANGELES (AP) – Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices...

Average long-term mortgage rate falls to 6.6%, lowest level since May

LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers...

Lower mortgage rates next year unlikely to entice ‘rate-locked’ homeowners to...

LOS ANGELES (AP) – Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average...

U.S. economic growth for last quarter is revised up to a...

WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...
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