REAL ESTATE

Mortgage rates reversing after uptick

According to Freddie Mac's Primary Mortgage Market Survey, the average 30-year fixed mortgage rate dipped by nearly ten basis points to 3.04% for the week ending April 15, compared to 3.13% the prior week and 3.31% a year ago.

Ready to buy a home? The trick is finding or affording one

The housing market has been a pillar of economic strength during the pandemic, but many would-be homeowners, particularly first-timer buyers, have met with frustration because of a low number of homes for sale and consistently rising prices.