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Mortgage rates hit two-month high ahead of spring home-buying season

The 30-year mortgage rate is averaging at 6.94%, Freddie Mac said in its latest weekly survey on Thursday.

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Why US housing inflation relief may be short-lived

US Federal Reserve (Fed) officials say they are confident housing inflation will finally cool in coming months, a key and long-awaited component of their effort to control overall price increases and secure their turn to interest rate cuts.

United-states , American , Howard-schneider , Jay-lybik , Jerome-powell , Mark-fleming , Arben-skivjani , Members-of-congress , Reuters , National-association-for-business-economics , Consumer-price-index , National-association

Home sales rose in January as buyers seized on lower rates

Existing-home sales rose to a rate of 4 million annualized in January, matching the highest level since August, the National Association of Realtors said.

Lawrence-yun , National-association-of-realtors , National-association , Wall-street , Federal-reserve , Article-normal , Housing , Housingmarket , Homesales , Existinghomesales , Housingbust , Housingbubble

'Bad news for home buyers': Mortgage rates rise for third week in a row

The 30-year mortgage rate is averaging at 6.9%, Freddie Mac said in its latest weekly survey on Thursday.

Freddie-mac , Sam-khater , Lisa-sturtevant , Federal-reserve , Mortgage-bankers-association , Mortgage-news-daily , Article-normal , Housing , Housingmarket , Freddiemac , Mortgage , Mortgagerates

7% mortgage rates make a comeback, stifling home-buying demand

Mortgage applications fell 10.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.06%.

Chen-zhao , Mike-fratantoni , Federal-reserve , Housing-administration , Mortgage-bankers-association , Federal-housing-administration , Article-normal , Housing , Housingmarket , Mortgage , Mortgagerates , Mortgagerateforecast

7% mortgage rates are back but rates will fall through the rest of the year

The housing market can feel like a horror movie to prospective home buyers, and now there are fears that one villain is back from the dead: the 7% mortgage...

Federal-reserve , Article-normal , Housing , Housingmarket , Mortgage , Mortgagerates , 7mortgagerates , Mortgageratesfall , Fanniemae , Construction-real-estate , Monetary-policy

Builder-confidence index rises to highest level since August 2022

Home-builder confidence rose in February, with the industry expecting the Federal Reserve to cut interest rates later this year, which could boost demand for...

National-association-of-home-builder , Federal-reserve , National-association , Home-builder , Article-normal , Housing , Hous , Housingmarket , Housingnews , Mortgage , Mortgagerates

Mortgage rates rise to highest level in two months and may stay higher for longer, Freddie Mac says

The 30-year mortgage rate is averaging 6.77%, Freddie Mac said in its latest weekly survey, released on Thursday.

Article-normal , Housing , Mortgage , Mortgagerates , Housingmarket , Freddiemac , Samkhater , Metal-ore-mining , Copper-ore-nickel-mining , Basic-materials-resources , Construction-real-estate

Mortgage demand falls as rates rise across the board

Mortgage applications fell 2.3% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.87%.

Mortgage-bankers-association , Article-normal , Housing , Housingmarket , Realestate , Mortgage , Mortgagerates , Mortgageapps , Mortgagedemand , Refinancing , Banking

Why are mortgage rates still so high? Home buyers were expecting a drop.

Some forecasters have estimated that the 30-year mortgage rate will end 2024 at or below 6%.

Article-normal , Housing , Mortgage , Mortgagerates , Federalreserve , Real-estate-services-transactions , Construction-real-estate , Real-estate , Residential-real-estate , Monetary-policy , Interest-rates