Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage Rates Today: January 17, 2025—Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage point in the last week to 7.35%, according to Curinos. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.03 percentage point during the same period to 6.
Mortgage rates have hit 7%. What should people searching for a home do?
Mortgage rates have hit 7%. Mark Hamrick, Washington bureau chief for Bankrate, talks about what this means for borrowers and how this will affect the housing market.
U.S. Mortgage Rates Climb Above 7%, Highest Since May
The dream of homeownership is slipping further away for many Americans as mortgage rates continue to climb, with the 30-year fixed mortgage rate now exceeding 7%, as reported by Freddie Mac. This marks the highest point since last May and the fifth consecutive increase,
Mortgage rates rise above 7%
The spike comes even though the Federal Reserve hoped the opposite would occur following interest rate cut decisions last year.
When Mortgages Rate Jump to 7%, Who Can Afford a House?
Mortgage rates rose to over 7% on a 30-year fixed loan. It is the first time they have been that high since May. It is also a reminder that the days when 3% mortgages made homes more affordable are long past.
Trump will inherit a housing market creaking under the strain of high prices and high interest rates
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented ...
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Experts see the 2025 housing market as ‘more of the same’
With home prices still rising in many areas of the U.S., affordable housing will remain one of the most pressing consumer and ...
Florida Housing Market Facing 'Widespread Price Declines'
Several metros in Florida experienced year-on-year price drops last month, as inventory grew but buyers remained hesitant.
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Housing pros forecast stable housing market conditions
Home prices, home sales and interest rates expected to remain flat for the first quarter of 2025, HousingWire Pulse.
Rockford becomes nation's 'Hottest Housing Market' for first time, according to Realtor.com
Rockford may be just the fifth largest city in Illinois, but its housing market has been named the hottest in the nation.
Housing Market Map Shows Five Cities Expected To Heat Up in 2025
According to a new Zillow report, Buffalo, New York, and four other cities in the Northeast and Midwest will have the hottest ...
Metro Phoenix's housing market bucks December slowdown; sales up 51% in Glendale in 2024
January is usually a slow month too, but a surge in Valley million-dollar sales after the election could push up prices and ...
What’s in Store for the Housing Market in 2025?
The housing market has had a wild ride over the past five years. In the first few years after the COVID-19 pandemic, when ...
Florida Housing Market May Be Shifting: 'Add Gas To the Fire'
Florida's median home value is $408,400. With growing inventory, the market might soon shift in buyers' favor.
This city in New York has the hottest housing market in the US, study finds
For the second year in a row, Zillow — a real estate website — predicts that a specific city in New York will be the most ...
65 housing markets with an inventory surge that benefits homebuyers
Among the nation’s 200 largest housing markets, these 65 metro areas now have active housing inventory above 2019 ...