Pickup in borrowing costs is making the housing market — already one of the least affordable on record — even worse ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also rose.
Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.
(Bloomberg) -- US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed ...
Share with friendsThe U.S. has seen a significant surge in mortgage rates, reaching a 22-year peak of 7.41% last week, ...
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7.09% from 6.96% last week. A year ago, the rate averaged 5.13%.
Sales of new U.S. homes fell more than expected in August as mortgage rates shot back above 7%, locking many would-be ...
Newly constructed homes are driving up the US housing market valuation and are forecasted to make up a bigger slice of all ...
The average rate on a 30-year mortgage remains more than double what it was two years ago, when it was just 2.87%. Those ultra-low rates spurred a wave of home sales and refinancing. The sharply ...
The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an ...
US inflation rose a surprisingly stiff 3.7% in August as prices at the gas pump surged, adding pressure on the Federal ...
Now, the index is up 0.10% at 106.28 and a breakout of 106.32 (2023 high September 27) would open the door to 107.19 (weekly high November 30, 2022) and finally 107.99 (weekly high November 21 2022).