Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market.

Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective ...

Mortgage rates ticked down fractionally in the most recent week but remained near levels likely to stifle robust demand in the housing market.

Sales of existing homes fell 5.9% in March, as uncertainty over the economy, high prices and elevated mortgage rates dampened activity, the National Association of Realtors said on Thursday.

Home sales in March declined by the most since 2022 as stubbornly high mortgage rates and house prices kept buyers on the sidelines. Sales of previously owned homes in March dropped 5.9% from the ...

If a borrower has a high ... down sales or lead to dropping home prices. The Federal Reserve doesn’t directly set mortgage rates, however, it sets benchmark federal funds rates that impact ...

Sales of previously occupied U.S. homes slowed in March, a lackluster start to the spring homebuying season as elevated mortgage rates and rising prices discouraged home shoppers. Existing home ...

But aspiring homeowners remain constrained by a tangle of economic challenges, from stubbornly high mortgage rates to affordability hurdles—reflected in the continued slowdown of home sales.

Claim your 7-day free trial now. Home sales fell sharply in March and weekly mortgage applications plunged as high interest rates and economic uncertainty stifled demand as the spring home-buying ...

High mortgage rates were blamed for the 5.9% drop in sales of existing U.S. homes in March. The seasonally adjusted annual rate of 4.02 million existing home sales for March reported by the ...

Retail sales ... rates for October 17, 2024, according to Zillow are: When it comes to buying a home, one of the most critical factors to consider is the mortgage rate. Mortgage rates not only ...

dropping 2.4% from 4.12 million sales in March 2024. "Home buying and selling remained sluggish in March due to the affordability challenges associated with high mortgage rates," NAR chief ...