2025 home sales stuck at 30-year low with prices high and mortgages onerous
Read full article: 2025 home sales stuck at 30-year low with prices high and mortgages onerousThe U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market.
November US homes sales rose from the previous month, but down from 2024 as prices climb
Read full article: November US homes sales rose from the previous month, but down from 2024 as prices climbSales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year.
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
Read full article: Average long-term US mortgage rate drops to 6.19%, lowest level in more than a yearThe average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year.
Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months
Read full article: Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 monthsThe average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs.
Average rate on a 30-year mortgage drops to lowest level since April
Read full article: Average rate on a 30-year mortgage drops to lowest level since AprilThe average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs.
Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year
Read full article: Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this yearThe average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago.
Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February
Read full article: Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late FebruaryThe average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Read full article: January home sales fall as high mortgage rates, prices freeze out would-be buyersSales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
Read full article: Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly declineThe average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts.
Long-term mortgage rates ease for third straight week, dipping to just below 7%
Read full article: Long-term mortgage rates ease for third straight week, dipping to just below 7%The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties.
Average long-term US mortgage rate rises for again, reaching highest level more than five months
Read full article: Average long-term US mortgage rate rises for again, reaching highest level more than five monthsThe average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s busiest stretch of the year.
Average 30-year mortgage rate dips as spring season opens
Read full article: Average 30-year mortgage rate dips as spring season opensThe average long-term U.S. mortgage rate dipped for the fourth straight week, a good sign for potential home buyers and a real estate market that has been mostly cold since the Federal Reserve began raising interest rates more than a year ago.
Average US mortgage rate up for fifth straight week to 6.73%
Read full article: Average US mortgage rate up for fifth straight week to 6.73%The average long-term U.S. mortgage rate rose for the fifth straight week to its highest level since breaching 7% in November, just as the spring buying season gets ready to kick off.
Average long-term US mortgage rate lowest since September
Read full article: Average long-term US mortgage rate lowest since SeptemberThe average long-term U.S. mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in decline for nearly a year.
US home sales fell in November, the 10th consecutive month
Read full article: US home sales fell in November, the 10th consecutive monthSales of previously occupied U.S. homes slowed for the tenth month in a row in November, constrained by a tight inventory of properties on the market and mortgage rates averaging more than double what they were a year ago.
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Sales of new homes plunged 18.2% in February
Read full article: Sales of new homes plunged 18.2% in FebruarySales of new homes plunged 18.2% in February as severe winter weather in many parts of the country and a lack of supply took a toll on the housing industry. (AP Photo/Nam Y. Huh)WASHINGTON – Sales of new homes plunged 18.2% in February as severe winter weather in many parts of the country and a lack of supply took a toll on the housing industry. Sales of single-family homes dropped to a seasonally adjusted annual rate of 775,000 last month, the Commerce Department reported Tuesday, the slowest sales pace since May of last year. The same weather disruption was evident in the existing homes market, for which the U.S. released data Monday. The report Tuesday marked the first decline in sales of new homes in two months.
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US long-term mortgage rates slip; 30-year at 2.73%
Read full article: US long-term mortgage rates slip; 30-year at 2.73%U.S. long-term mortgage rates slipped this week as the economy remains burdened by the coronavirus pandemic. (AP Photo/Steven Senne, File)WASHINGTON – U.S. long-term mortgage rates slipped this week as the economy remains burdened by the coronavirus pandemic. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan eased to 2.73% from 2.77% last week. The damage from the coronavirus pandemic on the U.S. and global economies suppressed home loan rates through most of 2020. AdEconomists forecast modest increases in mortgage rates this year.
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