Home Mortgage

Mortgage rates ease for third straight week

The rate on the 30-year fixed mortgage fell to 6.67% this week from 6.69% a year ago, according to the latest data from Freddie Mac. One year ago, it averaged 5.81%.

Home prices increased 70% more than rent costs: study

Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.