Home Mortgage

Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.

After the fires are extinguished, a real estate economist told FOX Business that that movement in the market ill kick back up for homes that aren't damaged.

Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.

The U.S. real estate market has another year in the books after 2024 came to a close this week. Redfin identified houses that clocked the heftiest sale prices last year.

America's housing shortage appears to be easing, but the major reason for the increase in homes on the market provides little comfort, according to a new report.

A new analysis shows which areas of the U.S. were the hottest markets for luxury vacation homes last year – and some of the changes might be surprising.

This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.

The late Mary Tyler Moore's mansion in Connecticut has been purchased by a buyer at last. The home had been up for sale since September 2023.

New Hope, Pennsylvania, is becoming a new celebrity hot spot due to its "peaceful and private lifestyle," real estate expert says. Gigi Hadid and Bradley Cooper have both bought homes in the tiny town in recent years.

The Agency founder and CEO Mauricio Umansky told FOX Business about the trends he expects to see in the real estate market in 2025. In particular, he sees more movement in the market.