Consumer News Mortgage Rates Are Rising, Home Sales Are Falling

Mortgage rates finally moved lower last week, but that didn't do much for demand

Mortgage rates moved slightly lower last week after rising for much of the past month, but it wasn't a big enough move to impact mortgage demand. Read More

What 6.3% mortgage rates will mean for home affordability in 2026

While home prices continue to keep prospective buyers out of the housing market, this economist believes that mortgage rates will rise above 6% in 2026. Realtor.com Senior Economist Joel Berner comes ... Read More

Where are home prices headed this December? Here's what to consider now.

So where are home prices headed this December, specifically? We spoke with housing market and lending experts to get a better idea on how prices could change in the final weeks of the year. Below, ... Read More

Mortgage rates fall, sparking encouraging sales rise

The housing market showed signs of renewed energy in September as sales of previously owned homes increased 1.5% from August, reaching a seasonally adjusted annual rate of 4.06 million units according ... Read More

Mortgage rates edge higher after hitting a 12-month low

The 30-year fixed mortgage rose to 6.22%, up five basis points from last week, while the 15-year rate increased to 5.50%. Mortgage rates are tracking the 10-year Treasury yield, which reflects ... Read More

Mortgage-rate dip lifts affordability to a three-year high, sparks a fall housing flurry

Thanksgiving may mean eating turkey sandwiches on cardboard-box tables for plenty of home buyers this year. Buyers and sellers defied seasonal cooling patterns to turn in the strongest October housing ... Read More

Mortgage rates fell again this week

Mortgage rates have declined for the second straight week, with the 30-year fixed-rate mortgage averaging 6.27% (down from 6.30%) and the 15-year fixed-rate mortgage averaging 5.52% (down from 5.53%), ... Read More

US Pending Home Sales Increase in October Amid Lower Mortgage Rates

Pending home sales rose 1.9% last month after an upwardly revised 0.1% gain in September, the National Association of Realtors said on Tuesday. Economists polled by Reuters had forecast contracts, ... Read More

Rising housing costs, high mortgage rates drive up the age of homebuyers

PHOENIX — It’s a fact that study after study reveals: people are buying homes later in life, if at all, as housing costs soar. A new Bankrate survey shows one in six aspiring homeowners gave up buying ... Read More

Virginia home sales rise 3% as buyers enter market amid lower mortgage rates

Virginia home sales are up by more than 3% as more buyers enter the housing market amid lower mortgage rates and more homes, according to the October 2025 Virginia Home Sales Report. Read More