Three Things Homebuyers Should Know About Mortgage Rates
Where do mortgage rates come from? And other questions first-timers may have about home loans.
June 21, 2021 4 MIN
U.S. Housing Market Is Missing About 5.5 Million Homes, NAR Says
Underbuilding has left America with demand that far outstrips housing supply, according to an NAR report.
June 18, 2021 2 MIN
Mortgage Rates Fall for the Second Consecutive Week, Freddie Mac Says
The average U.S. rate for a 30-year fixed mortgage fell to 2.93%, marking the ninth week that rates have been at 3% or lower, Freddie Mac said.
June 17, 2021 2 MIN
Fed Is `Talking About Talking About’ Tapering Mortgage and Treasury Purchases
Policymakers indicated rate hikes could come as soon as 2023, after saying in March that they saw no increases until at least 2024.
June 16, 2021 2 MIN
Lumber Prices Retreat as Supply Expands
Lumber prices have retreated from last month's all-time high as sawmills ramp up production, signaling the dizzying pace of new-home price gains could slow.
June 14, 2021 2 MIN
Opinion: Can Mortgage Rates Avoid a Taper Tantrum As Fed Exits Market?
The last time the Fed signaled the end of a bond-buying program, mortgage rates jumped more than a percentage point in the span of two months.
June 14, 2021 3 MIN
Opinion: Can Mortgage Rates Avoid a Taper Tantrum As Fed Exits Market?
The last time the Fed signaled the end of a bond-buying program, mortgage rates jumped more than a percentage point in the span of two months.
June 14, 2021 3 MIN
Average U.S. Mortgage Rate Drops to 2.96% This Week, Freddie Mac Says
While the Covid-19 pandemic is receding in the U.S., a weak global economy is boosting demand in the bond markets.
June 10, 2021 2 MIN
