Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.

Homebuilders also noted a steep drop in demand in April, with sentiment among that group at the lowest level since the end of ...

"Looking ahead, the Fed’s wait-and-see approach is likely to keep mortgage rates at a high-6% in the near term, unless major ...

US home sales have hit a 15-year low in April, mirroring trends from 2009, as mortgage rates hover near 7%. Existing home sales dipped 0.5% from March, with prices reaching a record $414,000 ...

After hitting a peak of 7.04% in January 2025 ... “[M]any economists expect mortgage rates will stay near their current levels for some time, possibly for most of 2025,” Cook says.

The National Association of Realtors says existing home sales fell half-a-percent last month. That’s the slowest April pace since 2009, according to the new data. Home sales were 100,000 below ...

With rates still hovering near 7%, the city you buy in could make or break your mortgage affordability. In some markets, the majority of buyers are locking in sub-7% loans.

The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.17%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners ...

The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago.

Mortgage rates are expected to decline somewhat in 2025, but not drastically – rates aren't forecast to drop below 5% anytime within the next few years. Those who are waiting for mortgage rates ...

Home prices remain near record highs ... Home buying activity tends to pick up when mortgage rates drift below 6.7%, Nadia Evangelou, senior economist and director of real estate research at ...