Home Mortgage

Experts and politicians debate what the Federal Reserve should do to unfreeze the housing market and help buyers and sellers save more money and their spending power.

Experts weigh in on the state of the U.S. housing market and project whether the affordability crisis plaguing prospective buyers will ease in the near future.

Miami tops buyer's markets with 9.7 months of housing supply, while Austin and Orlando follow with significant inventory increases and price cuts.

U.S. homeowners with mortgages now spend 21.4% of income on housing costs as monthly expenses jumped nearly 30% over five years, the Census Bureau reported.

The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%.

Building material costs have risen sharply over six years, with tariffs on steel and lumber adding pressure to homebuilding expenses and construction timelines.

President Trump's mindset on a potential housing crisis "is needed at this time," says affordable home builder Dan Coakley, who offers a three-pronged approach to the issue.

"Back to the Future" star, Christopher Lloyd, has placed his Montecito estate, with ocean views and a guest retreat, on the market for $6.38 million.

The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.56%.

Summer home buyers showed strong interest in suburban school districts outside major cities, balancing quality education with more affordable housing costs.

Bill Belichick sold his 1,500-square-foot Codfish Park beach cottage on Nantucket featuring two bedrooms and direct beach access for $4 million.