Rising rates are weighing on the housing market, and the uncomfortable levels above 6% might be here for the medium term, one analyst says.

Existing home sales were down 1.7% over the previous month, and the median home price rose to $434,100, a near record high.

Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.

Mortgage rates have remained elevated after the average rate on a 30-year loan briefly dropped below 6% in February for the first time since late 2022.

After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could ...

Amber Barkley is a writer and editor with over 10 years of experience in topics ranging from personal finance to marketing analytics to fiction. She found her niche in personal finance in 2022, when ...

The average 30-year fixed mortgage rate rose to 6.77% today, the highest in a year, and a hair above the highs earlier in July and May, and up by nearly 80 basis points from the February low. The ...

Offerpad reports that rising mortgage delinquency rates highlight a U.S. affordability crisis, with states like Vermont and Louisiana seeing sharp increases.

Sales of previously owned U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to ...