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The Latest Breaking News from Freddie Mac

Mortgage Rates Surge The Most In 35 Years As Fed Hikes Hammer Home Buyers

"I would say if you’re a home buyer, you need a bit of a reset," Fed Chairman Jerome Powell said yesterday.

The Street

15-Year Mortgage Refinance Rate Slips Below 5%

Does the move matter? Treasury yields have exploded and are likely to rise further amid rate increases by the Fed.

The Street

Mortgage rates jump again, buyers head to the sideline

Average long-term U.S. mortgage rates jumped back up ahead of next week’s Federal Reserve meeting where it’s expected to announce another increase to its main borrowing rate

The Independent UK

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Housing Beat: Mortgage Rates Flatten As Sun Belt Sees New Boom In Home Building

This week in the housing market, mortgage rates were mostly flat, mortgage application volume was down and the Sun Belt is shining with new single-family home construction.

Benzinga

Housing Beat: Home Sales Drop, Homeowners Insurance Spikes, Builder Confidence Tanks

The U.S. housing market showed unmistakable signs of stalling this week. Despite a decline in mortgage rates, mortgage applications and home sales were down while the cost of homeowners insurance was rising across most of the nation.

Benzinga

Housing Beat: Mortgage Rates Dip, Home Sales Flatten, Reverse Mortgages Get New Cred

The latest news from the housing industry finds mortgage rates dipping slightly while home sales decelerate and reverse mortgages gain greater attention.

Benzinga

Average long-term U.S. mortgage rates edge down to 5.25%

Average long-term U.S. mortgage rates retreated modestly this week, but interest on the key 30-year loan remains at decade-high levels

The Independent UK

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Latest Housing Blow: Homebuilder Confidence Slips

'The housing market is facing growing challenges,' says National Association of Home Builders Chief Economist Robert Dietz.

The Street

Mortgage Rates Hit 12-Year High; Homebuyers Take a Hit

The 30-year fixed-rate mortgage averaged 5.30% in the week ended May 12.

The Street

Housing Beat: Mortgage Rates Keep Climbing As Inventory Levels Slowly Expand

More homebuyers were taking out mortgages despite climbing rates while the tight housing inventory is showing signs of improving. Nonetheless, many homebuyers are not optimistic about the housing market’s near future.

Benzinga

Housing: A Bit of Good News Sprouts Amid All the Bad

Among the negative reports are soaring mortgage rates and roaring home prices. Home sales are sliding.

The Street

Housing Headache: Mortgage Rate Hits 12-Year High

The 30-year fixed-rate mortgage averaged 5.27% in the week ended May 5, according to Freddie Mac.

The Street

Housing Beat: 30-Year Mortgage At 13-Year High; Major Lenders In LinkedIn Spat

The housing and mortgage world witnessed rising rates, an upswing in application levels, and public feud between two major lenders.

Benzinga

Could Rising Home Prices Make the Fed Tighten Even More?

The median price for existing homes jumped 15% in March from a year earlier to $375,000.

The Street

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Benzinga

Housing Beat: Mortgage Rates Stay Elevated, Profit Margins On Home Sales Down

Mortgage rates remained on the high side this week while pending home sales continued to decline and mortgage delinquency rates also recorded downward motion.

The Street

Housing Blues: Mortgage Rates Stay Near 12-Year Peak

The 30-year fixed mortgage rate averaged 5.10% in the week ended April 28, down just slightly from 5.11% the prior week.

Benzinga

Housing Beat: Mortgage Rates Break The 5% Level; Buyers Settle On Smaller Homes

The latest U.S. housing and mortgage data points to rates continuing their dizzying rise, fewer homes being sold and prospective buyers agreeing to purchase smaller properties.

The Independent UK

Average long-term US mortgage rates highest in 12 years

Long-term U.S. mortgage rates rose for the seventh straight week, climbing to their highest level in more than a decade

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The Street

Some Rare Good News on Housing: Starts Rise in March

Housing starts unexpectedly climbed in the month--0.3% from February to the highest level since 2006.

The Street

Now, Homebuilders Are Worried About Housing Market Too

The homebuilder confidence index hit a seven-month low in April. Morningstar gives its take on two housing stocks.

The Independent UK

US mortgage rates soar to highest level in 11 years

The interest rate for 30-year mortgage now at 5 per cent for first time since February 2011

The Street

Manhattan Apartment Rents Hit Peak As Prices Rise Nationally

Three Florida cities led the nation in rent increases for the latest 12 months. Vacancies are inching higher nationally.

Benzinga

Housing Beat: Mortgage Rates Hit 5% Level While Property Taxes Inch Higher

The week in housing was one of great challenges, with mortgage rates cracking the 5% level while homeowners faced an uptick in property taxes and state attorneys general demanded that mortgage servicers drop their convenience fees charged to borrowers.

The Independent UK

US long-term mortgage rates rise; 30-year loan reaches 5%

Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation

Axios

Mortgage rates hit 5%, highest in more than a decade

It's going to be hard for first-time buyers to afford a house.

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