Latest in Homebuyer Demand Mortgages
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Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.Business - CNBC - 17 hours ago -
Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.Business - CNBC - 17 hours ago -
Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.Business - CNBC - 17 hours ago -
Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.Business - CNBC - 17 hours ago -
Prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while
America’s prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while.Top stories - NBC News - November 9 -
Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...Top stories - CBS News - November 11 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - October 30 -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - November 6 -
Mortgage demand stalls as financial markets digest Trump presidency
While tiny, the week's increase in total application volume marked the first rise in overall demand in seven weeks.Business - CNBC - November 13 -
Mortgage demand stalls as financial markets digest Trump presidency
Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency.Top stories - NBC News - November 13 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.Business - CNBC - November 20 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.Top stories - NBC News - November 20 -
Here's how old the typical U.S. homebuyer is today
Homeowners in the U.S. are getting older as the dream of buying a house slips further out of reach for many Americans.Top stories - CBS News - November 5 -
Will mortgage interest rates fall this November?
Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.Top stories - CBS News - October 29 -
The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.Business - CNBC - November 4 -
Average age of first-time homebuyers is 38, an all-time high. Here's what that says about the real estate market
The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.Business - CNBC - November 5 -
Will mortgage rates fall? Your Budget questions answered
Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.Top stories - BBC News - October 30 -
How far will mortgage interest rates fall in November?
Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.Top stories - CBS News - October 31 -
Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination
After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.Top stories - The New York Times - November 1 -
Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - November 6 -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.Business - The New York Times - November 12 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - November 15 -
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - November 20 -
Average mortgage rate increases heading into winter holidays
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.Top stories - CBS News - 6 days ago -
What will mortgage interest rates be in 2025? Experts weigh in
Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.Top stories - CBS News - 5 days ago -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - October 30 -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 31 -
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early AugustTop stories - ABC News - October 31 -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - November 2 -
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.Top stories - CBS News - November 4 -
Mortgage delinquencies ticked up in September for the 4th month in a row
Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.Business - MarketWatch - November 5 -
Mortgage rates inch up to a 3-month high ahead of Fed meeting
Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - November 6 -
The Fed’s ‘temporary’ mortgage-backed security experiment will last decades
It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.Politics - The Hill - November 6 -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - November 6