The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the

National mortgage rates were mostly down compared to a week ago, according to Bankrate data. Rates for 15-year fixed, 5/1 ARMs and jumbo loans moved

Washington is set to have the highest eviction filing count in the state’s recorded history in 2024. That’s according to a report released by the Eviction

WASHINGTON, Jan 2 (Reuters) – U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be

Mortgage rates moved in different directions compared to last week, according to Bankrate data. See the table below for a detailed breakdown of how each

Rising home prices continue to push homeownership further out of reach for many Americans. In the fourth quarter of 2024, affordability declined in 98% of

After surging just before the holidays this week, 30-year new mortgage rates held at 7.02% Thursday, the highest average in nearly six months. Rate movement

The holiday season isn’t prime time for the housing market. Fewer people buy and sell homes in the winter months, leading to a decline in

Mortgage rates increased for the second straight week, rebounding after a decline from earlier this month,” said Sam Khater, Freddie Mac’s Chief Economist. “While a

Mortgage rates ended 2024 with a bang – but not the kind that’s good for borrowers. And for anyone in the market for a home

Rates on 30-year new mortgages surged past 7% Tuesday, bringing the current average to 7.02%, the highest since early July. Rate movement was mixed for

The US housing market has been on a wild ride in recent years. Soaring home prices fueled by historically low mortgage rates created a frenzy of buyer activity. However, the tide seems

NEW YORK — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of

Last week, mortgage rates rose following the release of new economic projections from the Federal Reserve. Though policymakers were initially anticipating four cuts to the federal funds

(Reuters) – The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and a group of real

Interest rates on some mortgage terms have decreased today, but most have increased. According to Zillow, the 30-year fixed mortgage rate is up by four basis points

WASHINGTON, Dec 23 (Reuters) – Sales of new U.S. single-family homes rebounded in November after being depressed by hurricanes in the prior month, but rising

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the

Mortgage rates have increased this week. According to Freddie Mac, the 30-year fixed mortgage rate rose 12 basis points to 6.72% — five basis points higher than this time

Having climbed for nearly two weeks already, 30-year mortgage rates surged higher Thursday—triggered by Wednesday’s Federal Reserve announcement of a scaled-back forecast for 2025 rate