mortgage rates

May home sales barely move as high mortgage rates, prices, weigh on housing market

June 28, 2025 Alex Veiga

NEW YORK — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued […]

Difficult housing market continues with rising prices, high rates

May 10, 2025 Alex Veiga

LOS ANGELES — Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford. A homebuyer now needs to earn at […]

Home sales rose in February as mortgage rates eased

March 30, 2025 Alex Veiga

LOS ANGELES — Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers. Existing home sales rose 4.2% last month from January to […]

January home sales fall amid high mortgage rates, prices

March 1, 2025 Alex Veiga

LOS ANGELES — Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% […]

Lower mortgage rates prompt home owners to list properties, but housing supply remains constrained

January 18, 2024 Associated Press

LOS ANGELES — The recent pullback in mortgage rates is spurring more homeowners to put their homes up for sale, though the increases so far have been too modest to return the housing market’s inventory […]

The average long-term US mortgage rate dips below 7% to its lowest level since early August

December 20, 2023 The Associated Press

LOS ANGELES — The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs […]

The average long-term US mortgage rate surges to 7.63%, holding at highest level since 2000

October 26, 2023 The Associated Press

The cost of financing a home surged again this week with the average long-term U.S. mortgage rate at its highest level since December 2000. The average rate on the benchmark 30-year home loan rose to […]

The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high

September 22, 2023 The Associated Press

LOS ANGELES — The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an increasingly less affordable housing market. The average rate on the benchmark 30-year home loan […]

Average long-term US mortgage rate drops a 5th straight week

April 17, 2023 Matt Ott, Associated Press

The average long-term U.S. mortgage rate inched down for the fifth straight week, positive news for potential home buyers and a real estate market that’s been chilled by the Federal Reserve’s series of interest rate […]

Average long-term US mortgage rates inch back up this week

February 13, 2023 The Associated Press

The average long-term U.S. mortgage rate ticked up slightly last week after four weeks of declines, a possible sign of stability that could draw in home shoppers with spring buying season weeks away. Mortgage buyer […]