LAist5h
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates have jumped, despite the Federal Reserve cut interest rates by a half-point last month. For homebuyers, the ...
The Federal Reserve’s effect on mortgage rates: What to know
While the Fed doesn’t regulate your mortgage rate, the central bank sets the funds rate to impact the economy. This action ...
The housing market is picking up in some of the most expensive regions of the US
The housing market is showing signs of life in expensive areas where more people can take advantage of lower mortgage rates.
Americans' Average Monthly Housing Expenses Are Up 5%
Of the various monthly bills Americans face, housing is easily the largest. Recent research amassed by The Motley Fool Ascent found that as of 2023, Americans spent an average of $2,120 per month on ...
Takeaways from AP's reporting on how Arizona voters view the economy with the election close at hand
Here are some key takeaways from Associated Press interviews with voters and economic experts in Arizona about the economy ...
The lucky few Gen Z and millennials who broke into the housing market feel trapped in their starter homes, report says
High interest rates are keeping Americans tied to their abode: Over a third (36%) of homeowners report feeling stuck in their ...
Banker & Tradesman1d
Mortgage Rates Hit Highest Level in Eight Weeks. What Gives?
The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight ...
Realtors: NH housing market stabilizing, costs remain high
The New Hampshire Association of Realtors' September market report puts the median cost of single-family homes at $520,000. The NHAR said that is the highest median ever for a New Hampshire September.
Today’s 30-year mortgage interest rates rise to 6.63%, while 15-year mortgage rates climb to 5.88%
The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 18, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year ...
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, ...
Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for ...
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That ...