The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.
Tag: Federal Home Loan Mortgage Corp (Freddie Mac)
-
What New Mortgage Fees Will Mean for Buyers With Good and Bad Credit
Changes to fees applied to federal mortgages have led to a misconception that borrowers with low credit scores will pay less at the expense of borrowers with good credit.
-
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will drive the market’s next moves.
-
Low-Down-Payment Mortgages: Your 2023 Guide
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
-
U.S. Mortgage Rates Soar Past 7%
The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.