The MBA expects rates to hit 5.9% in 2025 and 5.5% in 2026, which home buyers and homeowners haven’t experienced since mid-2022. Mortgage rates are so high due to a number of economic factors.
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
current second home mortgage rates can significantly impact your finances. These rates are typically higher than primary residences due to the additional risk posed by second home ownership.
Top real-estate analyst Ivy Zelman shared forecasts for 2025 after the worst year for entry-level home affordability in four ...
If you're in the market for a new home, or you're thinking about refinancing your current mortgage, you may have faced some challenges. With high mortgage rates and a limited inventory of homes to ...
Policy changes from the Fed: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, ...
Yet, mortgage payments rose 50 years ago, too. Between 1971 and 1981 — also boosted by prices and rates — the typical monthly ...
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near ...