Home Mortgage

Economy

Homebuyers are getting cold feet

A new report published by Redfin shows that a growing number of buyers are backing out of deals to buy a house due to high mortgage rates and steep prices.

Economy

Mortgage rates fall to 6.77%

The average rate for a 30-year fixed-rate mortgage fell again this week to 6.77%, while the 15-year rate declined to 6.05%, remaining uncomfortably high for many would-be buyers.