The frozen housing market shows few signs of thawing as 2025 begins
The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger.
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It ...
Average Rate for 30-Year Mortgage Reaches 6-Month High
The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday ...
Carter’s presidency was No. 1 for California home-price gains
During Carter’s four years in the Oval Office, California home prices jumped 90%, as measured by the Federal Housing Finance ...
Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the ...
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'Significant increase' in texting toll scams, California AG says
There has been a "significant increase" recently in texting scams that try to collect toll fees from drivers, the California ...