The Federal Reserve announced a third rate cut; fewer are expected in 2025
On the heels of rate cuts, the housing market is slowly getting closer to a full recovery.
Mortgage rates rise, hitting demand
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 CEO optimistic over 2025 real estate market: Here's what buyers 'don't realize'
Century 21 Real Estate CEO provides analysis of the latest mortgage rate data as homebuyers continue to struggle with affordability problems.
Mortgage rates fall for second straight week, lowest since October
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.
Want to buy a home in 2025? Here's where mortgage rates will land
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.
FHFA announces higher mortgage loan limits for 2025
The FHFA has raised maximum limits for a traditional mortgage on the heels of rising home prices.
Mortgage demand jumps as rates drop
A drop in mortgage rates for the first time in two months has sparked a surge in home purchase applications, breathing new life into the stagnant housing market.
Freddie Mac, Fannie Mae backing bigger home loans in 2025
The conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $800,000, the Federal Housing Finance Agency announced Tuesday.
Mortgage rates rise after home sales jump in October
Mortgage rates climbed this week with the 30-year fixed rate mortgage nearing 7%, after a drop in rates in September sparked a revival in existing home sales in October.
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
The Fed just cut interest rates again, this time by a quarter of a percentage point
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Mortgage rates climb again, hurting demand further
Mortgage rates rose for the sixth straight week with the 30-year fixed rate average hitting 6.79%, as purchase demand continues to weaken in the stagnant housing market.
Mortgage rates rise for fifth straight week
Mortgage rates moved higher for the fifth straight week, pushing the average rate for a 30-year fixed-rate mortgage to 6.72% and the 15-year note to 5.99%.
Mortgage rates rise for fourth straight week
Mortgage rates have climbed higher for a month straight, pushing down demand as more Americans become priced out of the housing market due to high rates and home prices.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
Mortgage rates march higher for third straight week
Mortgage rates climbed again for a third straight week, further dinging demand as the housing market continues to suffer from an affordability crisis.
Inflation sees the lowest annual rise since 2021
Inflation rose by 2.4% in the last 12 months, the lowest increase in the last three years.
Mortgage rates surge higher, further hurting demand
Mortgage rates rose sharply this week in their biggest jump since April, bringing the average rate for a 30-year fixed note to 6.32% as demand fell for a second straight week.
Housing markets that could see the biggest impact from falling mortgage rates
Realtor.com broke down the top 10 real estate markets that are likely to see the most impact from falling mortgage rates. Topping the list is Washington, D.C.
Mortgage rates inch higher
Mortgage rates climbed slightly this week, with the average for both 30- and 15-year fixed-rate notes rising as the housing market remains largely stalled.