Home Mortgage

Mortgage rates hit 23-year high: Freddie Mac

Mortgage rates hit their highest point in more than two decades. But as high home prices and rates weigh down on homebuyers, many sellers are willing to negotiate.

Home prices hit a new record-high in July

U.S. home prices continued to march higher in July, according to new S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.