Consumer News Mortgage Rates Are Rising, Home Sales Are Falling

Mortgage rates retreated again this week

Mortgage rates continue to fall, with the 30-year fixed dropping to 6.19% and the 15-year fixed to 5.44%, creating a more favorable environment for buyers ... Read More

Falling Mortgage Rates Are a Boon for Home Sales — NAR

Mortgage rates stayed relatively unchanged again this week. In this case, no news is good news as rates remain at the lowest levels in over a year. In fact, 30-year mortgage rates have ... Read More

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

Zillow shares bold prediction for mortgage rates

"Mortgage rates are shaped in part by inflation, and Zillow has been accurately predicting shelter inflation, which makes up 40% of the consumer price index," Zillow wrote on Dec. 4. "Because of that, ... 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

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-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 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 Rates Inch Toward 6% as Fed Weighs October Cut

Mortgage rates fell for the fourth consecutive week, finally nearing 6% for the first time since September 2024. Lenders and analysts have been anticipating that the Federal Reserve will announce ... 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