Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on affordability across the housing market.

Wells Fargo expects the mortgage spread between the 10-year treasury note yield and 30-year fixed rate mortgage to compress by the end of the year. “Accordingly, we look for the 30-year fixed ...

In January, total home sales came in at 4.7 million. That level is “only modestly above the weak rate experienced in the wake of the Great Recession between 2008 and 2010,” We ...

Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on affordability across the housing market. Home borrowing costs were ...