Markets reacted to higher oil, a hotter inflation reading and another jump in Treasury yields, lifting mortgage costs for buyers and homeowners.
Bond yields, Fed policy, and stubborn inflation are keeping home-loan costs elevated even as some buyers look for ways to make monthly payments work.
Higher borrowing costs and thin supply kept buyers on the sidelines even as prices continued to edge higher.
Higher borrowing costs and stubbornly elevated prices are keeping many buyers on the sidelines, while inventory slowly improves.
Digitally edited home photos are making some listings look far better than the real thing, prompting new warning labels and buyer caution.
Mortgage News Daily said the popular loan climbed to 7.07%, its highest level since May 2025, after a jump in Treasury yields and fresh pressure from oil prices.
More first-time buyers are weighing adjustable-rate mortgages for lower initial payments, but lenders and analysts say the tradeoff deserves careful planning.
A five-year outlook suggests home loan rates may ease only modestly unless inflation, bond yields, or the Federal Reserve move sharply in a different direction.
Rutgers said students in one building and a neighboring complex were affected after a blaze on Louis Street spread water damage and forced emergency housing help.
Town officials say the change could lower monthly mortgage costs, cut required household income, and help recruit volunteers.