by Editor | May 8, 2025 | General News
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...
by Editor | May 8, 2025 | General News
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...
by Editor | May 8, 2025 | General News
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...
by Editor | May 7, 2025 | General News
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...
by Editor | May 7, 2025 | General News
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...