Tagged: Mortgage Rates

Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024

The aggressive start to its rate-cutting cycle signals policymakers' intention to maintain a "solid labor market," Powell remarked

Fewer existing-home sales than last year indicate affordability and inventory challenges continue to plague purchase borrowers

Starting today, brokers working with Rocket Pro TPO can loan up to $802,650, up from 2024's $766,550.

“I don’t think that we’re going to have the soft landing that people are predicting,” says Vishal Garg.

Buyers and sellers are still waiting for the right time to jump in

New-home sales from January through July rose 2.6% compared to the first seven months of 2023

Rates will need to decline another percentage point to entice buyers, Freddie Mac says

Typical homebuyer paid $2,588 during four weeks ending August 11

The 30-year fixed-rate mortgage averaged 6.47%, down from last week's 6.73%.