Consumer News Mortgage Rates Are Rising, Home Sales Are Falling

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 ... 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

High mortgage rates cut in half number of working-class homebuyers in the Twin Cities

A new study from the Federal Reserve Bank of Minneapolis found a more than 60% drop in homebuyers with modest budgets from 2021-24. Meanwhile, sales of more expensive homes rose. Read More

How Rising Interest Rates Are Changing The Housing Market

When mortgage rates climbed from historic lows near 3% to heights not seen in decades, something profound happened to American real estate. This wasn't just another market fluctuation. The rapid ... Read More

Will 6% mortgage rates create more opportunities for homebuyers?

Mortgage rates are nearing 6%, creating new opportunities for homebuyers, but LLPAs and market trends may impact affordability. 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

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

US home sales accelerated in September to their fastest pace since February as mortgage rates eased

Sales of previously occupied U.S. homes accelerated in September as declining mortgage rates and a pickup in available properties on the market encouraged home shoppers. Existing home sales rose 1.5% ... Read More

What are the mortgage interest rate predictions for 2026? Here's what some experts expect.

Mortgage rates have been steadily declining in 2025, but will they continue that trend in 2026? Here's what to know. Read More

NAR Predicts Double-Digit Growth in Home Sales in 2026 With Prices Rising 4%

NAR Chief Economist Lawrence Yun forecasts sales volume for existing homes will rise 14% next year after three years of stagnation. Read More