Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also rose.
(Bloomberg) -- US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed ...
Pickup in borrowing costs is making the housing market — already one of the least affordable on record — even worse ...
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7.09% from 6.96% last week. A year ago, the rate averaged 5.13%.
LOS ANGELES (AP) — Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its ...
US mortgage rates have reached the highest level since 2000, as elevated interest rates and climbing bond yields push up borrowing costs. The average 30-year fixed-rate mortgage has increased to 7.31 ...
Sales of new U.S. homes fell more than expected in August as mortgage rates shot back above 7%, locking many would-be ...
Newly constructed homes are driving up the US housing market valuation and are forecasted to make up a bigger slice of all ...
The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an ...
LOS ANGELES (AP) — The average long-term U.S. mortgage rate slipped after climbing for five consecutive weeks to a more than 20-year high, a modest relief for would-be homebuyers challenged by ...
The combination of elevated rates and low home inventory has worsened the affordability crunch by keeping home prices near ...