Mortgage Rates Hold Steady

Mortgage Rates Hold Steady

By Alex Veiga Rates on 30-year mortgages stood at 6.76% for the second week in a row, while 15-year rates dipped slightly to 5.89% from 5.92%, Freddie Mac said. WASHINGTON — The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its...
New Builds Boosting Affordability Nationwide

New Builds Boosting Affordability Nationwide

New construction homes are offering a price edge, with smaller builds, lower rates and shrinking premiums, Realtor.com found. AUSTIN, Texas — New homes are offering an affordability edge in today’s challenging housing market, according to the Realtor.com New...
Home Prices Up in Many U.S. Metros in Q1 2025

Home Prices Up in Many U.S. Metros in Q1 2025

More than 80% of U.S. metros saw price gains in Q1 2025, with 11% of areas experiencing double-digit increases. The national median price grew 3.4% year-over-year. WASHINGTON — More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the...
Fed Leaves Key Rate Unchanged

Fed Leaves Key Rate Unchanged

By Christopher Rugaber The Federal Reserve held interest rates at 4.3% and noted rising risks of inflation and unemployment. Interest rates influence mortgage rates. WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday and said that the...
Florida tops U.S. for economy, up to 6th overall

Florida tops U.S. for economy, up to 6th overall

By Amy Connolly Florida ranks No. 1 for economy, No. 2 in education and No. 6 overall in U.S. News’ Best States list — up three spots from last year. NEW YORK — Florida has the best economy of any state in the nation, according to U.S. News & World Report’s Best...