mortgage rates
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Business
MAGAnomics Faces Affordability Crisis as Housing Stalls
Twenty months into his second term, President Donald Trump’s economic agenda is confronting the precise affordability test he weaponized against…
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Business
10-Year Treasury Yield Hits 2002 High: Impact on Mortgages and Savers
The benchmark 10-year U.S. Treasury yield climbed to 5.34% during Thursday trading, reaching its highest intraday level since 2002 before…
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Business
30-Year Mortgage Rates Surge to 7.28%, Highest Since November 2023 as Treasury Yields Spike
The cost of financing a home purchase in the United States jumped sharply this week, with the average rate on…
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Business
U.S. Home Sellers Slash Prices at Record Pace as War-Driven Mortgage Rate Spike Freezes Fall Market
A sudden reversal in mortgage rates tied to the Iran war has derailed the U.S. housing market‘s typical autumn rhythm,…
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Business
The Great Wealth Divergence: Why Younger Americans Are Abandoning the Housing Market for Equities
A generational shift in wealth accumulation is underway, driven by a stark divergence between the real estate and equity markets.…
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Business
30-Year Mortgage Rates Breach 7% as Treasury Yields Reach 19-Year Highs
The average rate on a 30-year fixed-rate mortgage climbed to 7.03% this week, marking the first time borrowing costs have…
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Business
Property Taxes and Insurance Costs Complicate Moves to Florida and Texas as Charlotte Gains Ground
Higher mortgage rates, property tax reassessments and rising homeowners insurance premiums are changing where Americans move and reducing home sales…
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Business
Fed Raises Rates as AI Spending Surges and Debt Tops $40 Trillion
WASHINGTON — The Federal Reserve unanimously raised its benchmark interest rate by a quarter of a percentage point on Wednesday,…
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Business
AI Takes Over More of the Homebuying Process as Costs Rise
WASHINGTON — Mortgage rates, limited inventory and new commission rules are pushing American buyers and sellers toward artificial intelligence and…
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Business
10-Year Treasury Yield Breaks 5% as Debt and Inflation Fears Intensify
WASHINGTON — The yield on the 10-year U.S. Treasury note stood at 5.027% at the time of writing, crossing a…
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