The Latest Breaking News from Freddie Mac

KB Home earnings missed and the homebuilder suggested it's cutting prices as potential buyers balk. KBH stock fell late after a strong run.

There are only three levers that can depressurize affordability: Rising incomes, falling home prices, and falling mortgage rates.

The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glimmer of hope

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Although cooled inflation raised hopes of a soft landing, the Fed is expected to keep raising interest rates through 2023, putting pressure on the stock market. Given this backdrop, under-$50 ETFs First Trust Low Duration Opportunities (LMBS), SPDR Nuveen Bloomberg Short Term Municipal Bond (SHM), and First Trust Value Line…

One economist is calling the top

Savers might find that UFB’s high rates complement their existing banking relationship.

Large corporate buyers and rental-backed bonds are driving change in the single-family home rental market. Who's affected?

The mortgage rate increase is “leading to greater stagnation in the housing market,” said Freddie Mac’s chief economist.

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.

Soaring mortgage rates are a big part of the problem, with the 30-year fixed rate mortgage at almost 7%.