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US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.
US mortgage rates dip to near yearly low at 6.27%
The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.
30-year US mortgage rate falls to 6.3% lowest in a year
The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to […]
30-year mortgage rate rises to 6.34% after recent lows
WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie […]
Hampton Roads housing market remains competitive
Hampton Roads home prices hit a $375K median in June as low inventory drives demand, with new builds expanding in Suffolk and New Kent.
30-year U.S. mortgage rate edges up to 6.3%
The average 30-year U.S. mortgage rate rose to 6.3%, ending a four-week decline, according to Freddie Mac.
US mortgage rates fall as Fed cuts interest rates
U.S. mortgage rates fell for a third week, with 30-year loans at 6.26%, as the Fed cut rates and signaled more reductions ahead in 2025.
US housing market shifts toward buyers as prices cool
The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.
US 30-year mortgage rate dips to 6.5% amid housing slump
The average 30-year mortgage rate fell to 6.5%, down from 6.56% last week. Lower rates may boost buyer power but housing sales remain weak.
US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the […]
30-year mortgage rate steady at 10-month low
The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year […]
