At current rates, the median homebuyer will pay more than the home's purchase price in interest over a 30-year mortgage, according to a new analysis
Tagged: Interest Rates
While oil prices rise and markets wobble, most buyers are still moving forward with big-ticket purchases
ICE Mortgage Monitor finds falling rates fuel originations, stronger servicer retention, and rising home equity withdrawals
February economic data shows mixed signals: interest rates and mortgage yields fall, housing sales remain soft, GDP growth slows, inflation holds near 2.5–3%, and labor markets remain steady amid ongoing global and domestic uncertainties
For the first time, mortgages with rates above 6% now outnumber sub-3% loans, signaling a gradual reset of the pandemic-era lock-in market
The Federal Reserve delivered its third rate cut of 2025 by lowering the federal funds rate another 0.25 points, sparking mixed views within the FOMC
About 1 in 5 mortgages have a 6% rate or higher
Lower rates and improving affordability are pulling some buyers back into the market
Six percent is considered by many to be the rate that will awaken the market from its current doldrums.
What builder sentiment, Fed moves signal for LOs and brokers