Americans are carrying a record amount of household debt
New York Federal Reserve data released Tuesday shows household debt hit a fresh record in the first quarter of 2024 amid a surge in mortgage balances.
Today's 15- and 30-year mortgage rates edge down | May 14, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Today's 15- and 30-year mortgage rates hold steady | May 13, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Mortgage rates dropped this week, but still sit above 7%: Freddie Mac
Mortgage rates have finally started to decline after weeks of rising.
Today's 15- and 30-year mortgage rates rise | May 10, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Percentage of US mortgages considered 'seriously underwater' rises
ATTOM report finds that the share of residential mortgages considered "seriously underwater" rose in Q1 2024, while "equity-rich" mortgages declined for the third straight quarter.
Mortgage rates tick down to 7.09%
The average rate for a 30-year fixed-rate mortgage declined this week for the first time since March to 7.09% as home affordability continues to stifle the housing market.
Today's 15-year mortgage rates rise, while 30-year terms hold steady | May 9, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
Today's 15-year mortgage rates fall, while 30-year terms hold steady | May 7, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Today's 30-year mortgage rates hold steady | May 3, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Mortgage rates jump again to 7.22%
Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
Today's 30-year mortgage rates rise while 15-year mortgage rates drop | May 2, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.