In most U.S. cities, a six-figure salary is now required to buy a home. A household needed $107,700 in income to afford a new ...
In recent years, prospective homebuyers have watched mortgage interest rates rise steadily from the 2% to 3% range up to a ...
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
The Federal Reserve delivered a 0.25% interest rate cut last week. But prospective homebuyers wishing for lower mortgage ...
CHARLOTTE, N.C. — The Federal Reserve keeps dropping key interest rates, but mortgage rates are actually going up, leaving ...
Mortgage rates reached their highest level since July, but it didn’t deter homebuyers as purchase applications increased.
A mortgage rate is the amount of interest lenders charge on a home loan and may differ depending on the amount you borrow and whether you opt for a fixed- or adjustable-rate mortgage. Jumbo mortgage ...
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
The numbers: Applications for mortgages inched up over the past week, despite the 30-year creeping closer to 7%. The 30-year ...
To better understand the future direction of mortgage rates, we need to understand what factors influence them.