Percentage of US mortgages considered 'seriously underwater' rises
ATTOM report finds that the share of residential mortgages considered "seriously underwater" rose in Q1 2024, while "equity-rich" mortgages declined for the third straight quarter.
Mortgage rates tick down to 7.09%
The average rate for a 30-year fixed-rate mortgage declined this week for the first time since March to 7.09% as home affordability continues to stifle the housing market.
Today's 15-year mortgage rates rise, while 30-year terms hold steady | May 9, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
Today's 15-year mortgage rates fall, while 30-year terms hold steady | May 7, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Today's 30-year mortgage rates hold steady | May 3, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Mortgage rates jump again to 7.22%
Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
Today's 30-year mortgage rates rise while 15-year mortgage rates drop | May 2, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Today's 15-year mortgage rates drop while 30-year mortgage rates stay the same | April 30, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Today's 30-year mortgage rates drop while 15-year rates hold steady | April 29, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Mortgage rates are still above 7% and home prices remain high
Mortgage rates remain high, as do home prices and homeowners insurance rates.
Today's 15-year and 30-year mortgage rates rise | April 26, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.