Mortgage

Rocket Companies announced Monday it has reached an agreement to buy real estate listing platform Redfin. The deal is worth $1.75 billion, according to the companies.

Mortgage rates fell for a seventh week in a row, according to mortgage buyer Freddie Mac. The average rate on the 30-year fixed mortgage is 6.63%.

Home prices are lowering, and rates are down, but renting is still cheaper than buying in most areas of the country.

The National Association of Realtors' pending home sales data fell 4.6% in January to an all-time low as prospective homebuyers encountered high mortgage rates and home prices.

Mortgage rates fell for a sixth week in a row to the lowest level in more than two months, Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage is 6.76%.

Home Depot said that its customers are still holding off on larger renovation projects as macroeconomic conditions continue to impact the housing market.

Mortgage rates fell for a fifth week in a row but remain elevated near 7%, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.85%.

Mortgage rates fell slightly again this week, but long-term rates remain in the upper-6% range as the housing market continues to drag, waiting for greater declines.

Mortgage rates moved slightly lower this week, remaining near 7% as potential buyers and sellers continue to hold off on making a move as they wait for steeper declines.

Existing home sales declined in 2024 to the lowest level since 1995, while median home prices rose to a record high as elevated mortgage rates confound the market.

The average 30-year fixed-rate mortgage dropped below 7% after climbing for six consecutive weeks as the housing market sees little relief amid an affordability crisis.

Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.

Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.

Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.

This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.

On the heels of rate cuts, the housing market is slowly getting closer to a full recovery.

Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a drop in refinances.

Century 21 Real Estate CEO provides analysis of the latest mortgage rate data as homebuyers continue to struggle with affordability problems.

Mortgage rates declined for the second week in a row, lifting demand in the stagnant housing market as the affordability crisis continues to create headwinds.

Realtor.com's 2025 housing forecast released Wednesday indicates mortgage rates will come down next year -- but not as much as potential buyers and sellers would like.