Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also rose.
Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.
Pickup in borrowing costs is making the housing market — already one of the least affordable on record — even worse ...
(Bloomberg) -- US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed ...
Sales of new U.S. homes hit a 5-month low last month as sky-high mortgage rates continue to strain prospective homebuyers' ability to afford a dwelling.
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 ...
Share with friendsThe U.S. has seen a significant surge in mortgage rates, reaching a 22-year peak of 7.41% last week, according to data from the Mortgage Bankers Association. This increase, the ...
The average rate on a 30-year mortgage remains more than double what it was two years ago, when it was just 2.87%. Those ultra-low rates spurred a wave of home sales and refinancing. The sharply ...
The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an ...
The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an ...
US inflation rose a surprisingly stiff 3.7% in August as prices at the gas pump surged, adding pressure on the Federal ...