National mortgage averages ease from the prior day but remain near recent highs, leaving homebuyers and refinance shoppers facing expensive borrowing costs.
A new housing survey suggests today’s mortgage rates are keeping many would-be buyers on the sidelines, while a drop below 5.5% could bring more demand back fast.
The 30-year fixed rate is back near a three-year high, keeping would-be buyers on the sidelines while inventory stays tight.
Edmunds says borrowers are taking on larger loan balances, smaller down payments and longer repayment terms as new-car financing stays expensive.
A new analysis shows starter homes are scarcer nationwide than before the pandemic, but some large metro areas still offer a stronger foothold for first-time buyers.
A Realtor.com roundup highlights five homes across major U.S. metros priced from $289,900 to $359,000, with some listings offering financing help and updated interiors.
A new Phoenix Realtors report shows the Valley housing market stayed largely frozen, with only Scottsdale showing real momentum.
Older tenants say the outage disrupted daily routines and left them asking for relief from rent while repairs drag on.
National mortgage rates remain elevated, with refinance costs also stuck near the mid-7% range.
A practical guide for buyers trying to stretch budgets, compare lenders and lower monthly costs while mortgage rates remain elevated.