• Long-Term Mortgage Rates Edge Higher, Snapping Slide,amyc

    Long-Term Mortgage Rates Edge Higher, Snapping Slide

    This week, Freddie Mac reported a slight increase on the average rate on a 30-year mortgage, to 6.62% from 6.61%.

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  • Federal Reserve Minutes Show Officials Cautious About Rate Cuts  ,amyc

    Federal Reserve Minutes Show Officials Cautious About Rate Cuts

    Minutes from the Fed’s December meeting show officials felt the economic outlook was uncertain and further hikes were still “possible.”

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  • Redfin: Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year,amyc

    Redfin: Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year

    Redfin reported a $372 drop in U.S. mortgage payments during the four weeks ending Dec. 31.

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