Mortgage

Austin, Tampa, and Memphis led the nation in home price declines as pandemic boomtowns continue giving back gains amid rising inventory levels.

The average rate on a 30-year fixed mortgage rose this week to 6.71%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.

Out-of-town shoppers accounted for more than two-thirds of new-home views in the second quarter, as affordable Florida markets drew some of the strongest interest in the country.

Austin and Sacramento top a list of seven metro areas where renting vs buying data shows renters saving over $1,000 per month on housing costs.

The average rate on a 30-year fixed mortgage fell this week to 6.65%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.67%.

Hui Ka Yan received a life sentence as China Evergrande Group was fined over $2.3 billion for inflating assets and concealing massive liabilities.

The Federal Reserve Bank of New York reports 4.7% of outstanding consumer debt is delinquent, with credit cards and auto loans at elevated levels.

The average rate on a 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.69%.

High mortgage rates and a weakening labor market are squeezing first-time homebuyers who struggle to save for down payments as wages fail to keep pace with inflation.

A seven-figure price tag is becoming increasingly common as rising home values redefine what counts as luxury across the U.S. housing market.

The average rate on a 30-year fixed mortgage rose this week to 6.69%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.

HOA foreclosures are climbing nationwide as financially strained associations facing rising insurance and maintenance costs crack down on homeowners behind on dues.

The average rate on a 30-year fixed mortgage rose this week to 6.66%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.58%.

The 30-year fixed mortgage hit 6.58% this week, its highest level in nearly a year, as the conflict between the U.S. and Iran pushes oil prices higher.

The income needed to afford a typical starter home has jumped from $43,000 to $78,000 since 2019, with monthly payments up more than 80%.

The average rate on a 30-year fixed mortgage rose this week to 6.55%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.49%.

The 30-year fixed mortgage rose to 6.49% this week as Freddie Mac's Sam Khater says housing affordability continues to improve for homebuyers.

Monthly mortgage payments are projected to decline 1.9% as home price growth slows below inflation, giving buyers more negotiating power in 2026.

VA loans are gaining ground as housing costs rise, but many veterans and service members still don’t fully understand the homebuying benefit.

Home listing prices fell 2.5% in June, the deepest annual decline in at least nine years, as sellers adjust asking prices to attract buyers.