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News
Home prices climb to July record despite slower sales
1+ mon, 1+ day ago (433+ words) It’s that time of year again. Parents and kids across San Antonio are gearing up for the return to class. (TNND) — Home prices remain at record highs, despite a dip in sales activity last month. The National Association of Realtors…...
Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
2+ mon, 3+ day ago (455+ words) The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.43% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average…...
Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
2+ mon, 1+ week ago (462+ words) The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. One year…...
Average US long-term mortgage rate rises to 6.52%, just below its high for the year
3+ mon, 1+ day ago (551+ words) The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started. The…...
Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
3+ mon, 1+ week ago (564+ words) The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said Thursday. The average…...
US home sales flat in April as lackluster spring homebuying season lurches forward
4+ mon, 1+ day ago (490+ words) Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year. Existing home sales edged up 0.2% last month from March to a seasonally adjusted annual…...
Average US long-term mortgage rate slips to 6.23%, its third weekly drop
4+ mon, 2+ week ago (423+ words) The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6.23% from 6.3% last week, mortgage buyer…...
Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years
6+ mon, 3+ week ago (661+ words) The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year. The benchmark 30-year fixed rate mortgage rate fell to…...
Wall Street is slipping in light trading on the final day of 2025
8+ mon, 1+ week ago (706+ words) TOKYO – U.S. stocks are slipping in morning trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S&P 500 was down 0.4%. The Dow Jones Industrial Average fell 179 points, or 0.4%, as of…...
Average US long-term mortgage rate ticks down to 6.18% this week
8+ mon, 2+ week ago (410+ words) WASHINGTON – The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months. The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said…...