The increase comes after a 24-month period during which the mortgage rates averaged above 6% and last month's median home price was $406,100.
2024 was a disappointing year for those looking forward to a Fed rate-cut cycle and what that could do to mortgage rates. A ...
Because mortgage rates are determined by trading levels in the bond market, when the market is closed, lenders don't update ...
But while brighter economic times are likely ahead, don’t expect them to begin on January 1 – and it could be the smaller ...
The recent surge in pending home sales offers mixed insights on market trends and implications for buyers and sellers.
Redfin data shows home listings climbed 12% year-over-year last month, with Florida and Texas in particular seeing a surge in ...
Compared to the collapsed levels in November last year, not seasonally adjusted pending sales rose 5.6%, while seasonally ...
Housing contract activity picked up for the fourth straight month in November as buyers shrugged off elevated mortgage rates ...
CoreLogic data illustrates the limited potential for refinances as about 80% of current U.S. mortgage holders have rates ...
After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most ...
The National Association of Realtors (NAR) releases monthly reports on both existing and pending home sales. The latter ...
Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year.