Freddie Mac, Fannie Mae backing bigger home loans in 2025
The Federal Housing Finance Agency (FHFA) announced Tuesday it is raising the loan amount limits for mortgages purchased by Freddie Mac and Fannie Mae by 5.2% in 2025, as home…
Mortgage rates rise after home sales jump in October
Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in…
Why mortgage rates are going up despite the Fed's interest rate cut
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a…
Mortgage rates march higher for third straight week
Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high…
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in…
Mortgage rates surge higher, further hurting demand
Mortgage rates jumped markedly this week, sending demand down for a second straight week. Freddie Mac's latest Primary Mortgage Market…
Housing markets that could see the biggest impact from falling mortgage rates
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected to see the most substantial…
Mortgage rates inch higher
Mortgage rates are up slightly, with long-term notes lifting off a two-year low from last week. Freddie Mac's latest Primary…
Housing turnover rate hits lowest level in 30 years
The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according…
Long-term mortgage rates drop to 2-year low
Mortgage rates barely moved this week, but long-term notes declined to the lowest levels Americans have seen since 2022. Freddie…
Mortgage rates fall again, but home sales still lag
Mortgage rates declined again this week, sparking a subtle boost in demand for purchase and refinance applications. Still, many buyers…
Will the Fed's rate cut bring down mortgage rates?
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage…
Mortgage rates fall to lowest level in over 18 months
Mortgage rates fell this week to the lowest levels in over a year and a half, but elevated rates and…