News

Home sales poised to slump even more as mortgage rates hit three-month high
Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market.
Fix home affordability? 39% price cuts, 2.4% mortgages, or 62% pay hikes
So what would it take to close the nation’s affordability gap? 39% price cuts, 2.4% mortgages, or 62% pay hikes. Or a mix of ...
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...
LBM Journal1d
Existing Home Sales Fall in April
Despite the brief retreat in mortgage rates and increased supply, existing home sales dropped to a 7-month low in April, ...
More sales of U.S. homes were canceled in April. What’s going on?
More than 14% of pending home sales in April were canceled. Buyers continue to be hesitant amid the nation's economic ...
How US Mortgage Rates Change if Trump Takes Fannie Mae, Freddie Mac Public
Experts fear that the move, though it could help the government's budget woes, could disrupt the fragile U.S. mortgage market ...
Mortgage rates climb to highest level in more than three months amid bond market unrest
Growing concern about the national debt impacted home borrowing rates this week. Mortgage rates track the benchmark 10-year ...