Mortgage

Mortgage rates relax on Fed optimism

Mortgage rates eased on optimism that the Fed is finished with its rate hiking campaign, just as the spring/summer home buying season goes into full swing.

Mortgage rates rise, add to affordability issues

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.