The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
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 ...
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.
A judge's ruling temporarily blocked the Trump administration's order from going into effect, but confusion lingers about how programs that are used to buy and rent housing could be affected long term ...
Federal National Mortgage Association (OTCMKTS:FNMA – Get Free Report) was downgraded by stock analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “underperform” rating in a ...
A presidential memo on Monday imposed a pause on certain types of government funding until programs are reviewed to ensure compliance with Trump executive orders.