On Wednesday, the Fed left interest rates unchanged and indicated in a statement that inflation was “somewhat elevated.” In response, President Donald Trump said the Fed had f
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage of back-and-forth over executive
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage interest rates dented affordability.
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving themselves time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.S. economy.
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
In November, the National Association of Realtors reported that its membership was 1,526,631. How many members renewed by the Jan. 1 deadline is unclear, but some Massachusetts agents have stepped ...
The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction
Mortgage rates in the US dropped for a second straight week.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials The average for 30-year loans was 6.
Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last week, Freddie Mac said in a statement.
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to December as mortgage rates hover near 7%.