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According to Smith, mortgage rates could move lower slowly and steadily, but numerous risks could also keep rates elevated. Fannie Mae now expects rates around 6.1% by the end of 2025 and 5.8% ...
That incredible lack of affordability nudged California prices lower. The median was off 1% since May 2024 – the first ...
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
Refinance apps made up more than 40% of all mortgage applications last week, driving an uptick as consumers seek out cheaper ...
Treasury yield, which ended Friday at 4.83%, has been showing a pattern that’s not exactly according to plan. Click to read.
Right now, the average rate on a 30-year fixed mortgage is 6.65%, down from 6.76% last week, according to the Mortgage ...
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