Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Mortgage spreads just hit my target rate for 2025, but they could get even better, lowering mortgage rates even more.
Connecticut’s house purchase market is still favoring sellers, five years after frenzied home buying in the pandemic depleted ...
The 10-year note jumped to its highest level in nearly three weeks, while the 2-year note climbed to its highest level in ...
The number of U.S. homes that typically change hands as people relocate for work, retire or trade up for more living space hasn’t been this low in nearly 30 years. About 28 out of every 1,000 homes ...
A significant retreat in U.S. mortgage rates has provided a glimmer of opportunity for prospective homebuyers, with the average 30-year fixed loan falling to 6.17% this week, its lowest point in over ...
Mortgage rates just fell to the lowest level in a year, below 6.2%. And they could go even lower after the Federal Reserve approved its second straight interest rate cut this week. George Berick share ...
US mortgage rates have dropped to 6.17% for the 30-year fixed-rate loan, marking the lowest level since early October 2024 ...
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year. Lower mortgage rates boost home buyers’ purchasing power. They also benefit ...
High frequency indicators point to a steady U.S. economy with strong consumer spending and stock market gains. Learn why ...
Mortgage rates have been gradually falling since July, but the shutdown has held those rates low and steady. Mortgage Banker Devin Malmgren said it’s largely caused by a lack of labor data.
Sales of previously occupied U.S. homes sank last year to their lowest level in nearly 30 years. Sales have been sluggish ...