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Sales of new US single-family homes unexpectedly increased in April as builders lowered prices to lure buyers, but rising mortgage rates and an uncertain economic outlook remain constraints for the ...
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Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective ...
Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market.
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.
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Axios on MSNHome sales cool off as mortgage rates hit 3-month highExisting U.S. home sales hit their lowest annualized rate for April since 2009. Why it matters: Lower consumer sentiment and ...
Kacie is a freelance contributor to Newsweek’s personal finance team. Over the last decade, she’s honed her expertise in the personal finance space writing for publications like CNET, Bankrate ...
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 ...
And, in early 2025, the Trump Administration re-introduced tariffs on U.S. imports, which has some analysts warning that this might impact ... mortgage rates have been volatile and stubbornly high ...
That's compared to a 2025 high of 7.15%. In contrast, September rates on new 30-year jumbo loans sank as far as 6.24%, with the lowest weekly average registering at 6.39%. A jumbo mortgage is one ...
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.
Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. Looking ...
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