Average long-term U.S. mortgage rates jumped back up ahead of next week's Federal Reserve meeting where it's expected to announce another big increase to its main borrowing rate.

Tagged with: mortgage Residential Construction

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged, driving up borrowing costs for would-be buyers as home prices soared to new highs.

Tagged with: home sales mortgage Residential Construction

Between skyrocketing mortgage interest rates, record-high home prices, and a limited housing supply, millions are being priced out of the American Dream. For the first time, the majority of Americans do not believe that buying a house is a wise decision.

Tagged with: coronavirus mortgage Residential Construction

Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just as the Federal Reserve prepares to raise its main borrowing rate later this month.

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Average long-term U.S. mortgage rates fell slightly this week, after rising to their highest level in three years last week.

Tagged with: mortgage Residential Construction

Average long-term U.S. mortgage rates moved slightly higher in the final week of 2021.

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U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers.

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It's the lament of first-time homebuyers in just about every market: There aren't enough entry-level houses that are move-in ready.

Tagged with: Fannie Mae mortgage new home sales

A federal judge has approved a $153 million settlement of a securities fraud lawsuit against Fannie Mae and KPMG brought by shareholders of the mortgage giant.

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A federal agency said it is easing rules for troubled borrowers to lower their monthly mortgage payments on loans backed by Fannie Mae or Freddie Mac.

Tagged with: Fannie Mae Federal Housing Finance Agency Freddie Mac mortgage