Mortgage demand drops as would-be homebuyers wary of US economy

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances — $806,500 or less — dipped slightly to 6.89% from 6.90% the previous week. Read More

What a Recession Would Mean for Mortgage Rates - WTOP News

In fact, four in five homebuyers are waiting for mortgage rates to drop before buying a home in 2025, according to a March U.S. News survey. Although lower mortgage rates are key to affordable ... Read More

The worst may be over for homebuyers | CNN Business

Potential homebuyers now may not feel as much pressure to make a snap decision. Homes in June sat on the market for an average of 15 days. While that is still shorter than pre-pandemic, it is four ... Read More

4 in 5 Homebuyers Are Still Waiting for Lower Mortgage Rates

The vast majority of 2025 homebuyers are holding out for lower mortgage rates, but those who have been trying to time the market the past few years are still waiting for rates to fall. Read More

What a Recession Would Mean for Mortgage Rates - U.S. News

Mortgage rates usually drop in a recession, but by exactly how much depends on the circumstances of the economic downturn. Although interest rates on mortgages may trend lower in a recession ... Read More

Homebuyers see silver lining in a potential recession, viewing it as ...

Potential homebuyers surveyed by Realtor.com also said that one of the top obstacles to buying a home was finding one that meets their needs, with 44.3% reporting they're unable to do so. Read More

Mortgage rates seen as stable. So why are homebuyers still hesitant? - MSN

Mortgage rates are seen as stable, staying below 7% for much of the year so far. But continued economic uncertainty is making would-be homebuyers hesitant. Read More

Mortgage Rates Fall: What the drop means for homebuyers in a shaky economy

Mortgage rates have fallen slightly, with the 30-year fixed rate dropping to 6.85%, offering a modest reprieve to homebuyers facing affordability challenges in an uncertain economic landscape. Read More

Mortgage rates have eased. Here’s why it could still be tough for ...

The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump ... Read More

When will mortgage rates finally start coming down? - The Week

Why are mortgage rates still high? For starters, "while mortgage rates often move in step with the Fed's benchmark rate, they're more directly tied to 10-year Treasury bond yields," said CNBC Make It. Read More

Good news for homebuyers in 2025 - MSN

Related: Lower mortgage rates may draw buyers back to the housing market in 2025 Full Video Transcript Below: CONWAY GITTENS: So the housing market in 2024, the slowest in decades. Read More

Mortgage rates seen as stable. So why are homebuyers still ... - KSL News

Chen Zhao, Redfin's head of economic research, said that while that may reduce the risk of a recession, mortgage rates aren't dropping. "It's a catch-22 for homebuyers," Zhao said in the post. Read More