Fed Meeting Minutes Show Another Interest Rate Hike Is Likely This Year

Federal Reserve policymakers believe another increase to the benchmark interest rate will likely be necessary by the end of the year, according to newly released meeting minutes. At the September meeting of... Read more »

3 Ways Homebuyers Can Beat 7% Mortgage Rates and Save Thousands

With mortgage rates crossing the 7% threshold for the first time since January 2025, buyers are increasingly feeling the affordability squeeze, but there are concrete steps they can take to retain control... Read more »

Sellers Slash Prices at Historic Pace To Lure Buyers Sidelined by Mortgage Rates

Surging mortgage rates chilled the housing market in September, forcing sellers to slash prices at historic levels to revive slipping demand.  Nationally, the share of listings with price cuts reached 20.8%, up... Read more »

What It Takes To Buy a $430K Home at a 7.03% Rate

Mortgage rates climbed to a 20-month high this week as the average rate on a 30-year fixed home loan jumped 8 basis points to 7.03% for the week ending Sept. 24, moving... Read more »

Fed Official Sounds Warning on Housing as Affordability Hits 21-Year Low

A top Federal Reserve official has delivered a sobering assessment of the U.S. housing market, warning that a severe housing shortage is driving up shelter costs at a time when the central... Read more »

Mortgage Rates Cross 7% Threshold for First Time Since Early 2025

Mortgage rates surged past the 7% threshold for the first time since January 2025 this week, propelled by skyrocketing Treasury yields and energy shocks stemming from the U.S.-Iran war.  The average rate... Read more »

Mortgage rates face several hurdles before they can return to 6%

Mortgage rates face several hurdles before they can return to 6% Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 6 hours ago Source... Read more »

How Homebuyers Can Rate-Proof Their Budgets in a Volatile Market

Homebuyers face severe uncertainty this fall amid surging mortgage rates and stubbornly high living costs, but those who prepare and take stock of their finances early can shield their budgets from unexpected... Read more »

Refinance Applications Plunge 9% Weekly (and 65% Year Over Year) With Rates Near 7%

Refinance activity just took another step down: applications fell about 9% week over week and remain roughly 65% lower than a year ago while 30-year mortgage rates sit near 7%. If you... Read more »

Fed Hikes Interest Rates for First Time in 3 Years

Federal Reserve policymakers have raised the benchmark interest rate for the first time in three years in response to pernicious inflation, defying President Donald Trump’s insistent calls for lower borrowing costs. Fed... Read more »