U.S. Existing Home Sales Fell 2% in August as Mortgage Rates Climbed to Their Highest Point in More Than a Year
Higher borrowing costs and thin supply kept buyers on the sidelines even as prices continued to edge higher.
Category: Home Buying
US Existing Home Sales Fall to Their Slowest August Pace in More Than a Year as Mortgage Rates Rise and Median Prices Hit a Record
Higher borrowing costs and stubbornly elevated prices are keeping many buyers on the sidelines, while inventory slowly improves.
AI-Altered Real Estate Photos in Los Angeles Listings Are Triggering Complaints as Zillow, California and Other States Tighten Disclosure Rules
Digitally edited home photos are making some listings look far better than the real thing, prompting new warning labels and buyer caution.
Average 30 Year Fixed Mortgage Rate in the U.S. Tops 7 Percent as Treasury Yields and Oil Prices Push Borrowing Costs Higher Again
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.
As Mortgage Rates Stay High, Memphis Buyers Turn More Often to Adjustable-Rate Loans While Experts Warn of Future Payment Swings and Foreclosure Risk
More first-time buyers are weighing adjustable-rate mortgages for lower initial payments, but lenders and analysts say the tradeoff deserves careful planning.
Mortgage Rate Forecasts Through 2030 Point to Near 6% in 2027 and a Wide Range of Outcomes as Treasury Yields, Inflation, and Fed Policy Shift
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.
Southampton Weighs Raising Community Housing Fund Down Payment Aid to 18 Percent and Forgiving First Responder Loans Over Ten Years
Town officials say the change could lower monthly mortgage costs, cut required household income, and help recruit volunteers.
Down Payment Assistance Eligibility Is Expanding Nationwide as HUD Raises Income Limits and More First-Time Buyers Turn to Grants and Forgivable Loans
Millions of prospective buyers are finding that income rules, not just credit scores, now determine whether they can tap housing help.
Higher Mortgage Rates Push August Refinance Demand Lower as Purchase Locks Hold Near 81 Percent of Total Activity, Optimal Blue Says in New Market Data
Refinance locks fell again in August while purchase loans stayed the dominant share of mortgage activity, according to Optimal Blue data.
Mortgage and Refinance Rates Slip Across the Zillow Marketplace as the 30-Year Fixed Falls to 6.67 Percent and the 15-Year Rate Drops to 6.04 Percent
National average home-loan rates moved lower at the start of a holiday-shortened week, with bigger declines in shorter-term and adjustable products.