Mortgage

The average rate on a 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.37%.

More than half of outstanding mortgages still carry rates at or below 4%, but new buyers face much steeper costs as average payments hit $2,005 per month.

The average rate on a 30-year fixed mortgage fell this week to 6.37%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.46%.

U.S. housing market accelerated in March with home sales up 3.7% year over year, according to Zillow, despite rising mortgage rates curbing affordability improvements.

The average rate on a 30-year fixed mortgage rose this week to 6.46%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.38%.

The average rate on a 30-year fixed mortgage rose this week to 6.38%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.22%.

The average rate on a 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.11%.

The U.S. housing market remains tight as the median sales price for existing homes hovers near $400,000 despite easing mortgage rates and early inventory improvements.

The average rate on a 30-year fixed mortgage rose this week to 6.11%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6%.

The average rate on a 30-year fixed mortgage rose this week to 6%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 5.98%.

The average rate on a 30-year fixed mortgage fell this week to 5.98%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.01%.

America's housing market could be seeing "the gradual erosion of the lock-in effect," according to experts reacting to new home sales and mortgage application data.

President Donald Trump promises to make housing affordable for new buyers while protecting existing homeowners' property values during his State of the Union address.

Mortgage rates drop to "five handle" as Trump administration targets housing affordability crisis with aggressive $200 billion bond purchase program.

Homebuyers' purchasing power rose over $30,300 in past year as median-income households can now afford $331,483 homes with mortgage payments 8.4% lower than last year, Zillow found.

The average rate on a 30-year fixed mortgage fell this week to 6.01%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.09%.

America's hottest housing markets shift to affordable communities in the Midwest and South, with Missouri leading at a 20% price growth while coastal cities cool.

Gov. Gavin Newsom bypasses stalled federal disaster aid with a massive mortgage relief expansion as officials clash over California wildfire recovery efforts.

The average rate on a 30-year fixed mortgage slipped this week to 6.09%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.11%.

The housing market cooled dramatically as home price growth slowed to just 0.9% in December, the weakest pace since the economy was recovering from the Great Recession.