US Mortgage Rates Climb to 5.54% as Housing Demand Softens
US mortgage rates inched higher, increasing the pressure on the housing market and adding to the affordability crisis. The average for a 30-year loan rose to 5.54% from 5.51% last…
These ‘Crazy Cheap’ Mortgage-Backed Securities Offer Hefty Yields, Mild Risk
Move over TINA, it’s time for TARA. The latter stands for “There’s a Reasonable Alternative,” a reference to bonds I heard bandied about in the financial media this past week.…
US Mortgage Rates Slip as Market Shows Signs of ‘Normalizing’
US mortgage rates dipped slightly for the third straight week of declines. The average for a 30-year loan was 5.09%, down slightly from 5.1% last week, Freddie Mac said in…
Mortgage rates have fallen slightly from earlier this week. Here’s how to get the lowest rates
The latest mortgage rates, and what pros expect rates to do this year. Overall, mortgage rates continue their upward climb this year — a trend some pros expect to continue…
Mortgage Rates in US Rise to 5.3%, Highest Since July 2009
US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market. The average for a 30-year loan was 5.3%, up…
Don’t Count On a Housing Slowdown to Improve Affordability
As mortgage rates continue to rise, all eyes are fixed on the housing market for signs of a potential slowdown. But any slowdown that does materialize won’t affect the industry…