mortgage rates

President Donald Trump's war with Iran is now rippling far beyond geopolitics and the global energy industry—and into the U.S. housing market. The 30-year fixed mortgage rate, a key barometer of home affordability in the U.S., has jumped back to the psychologically crucial 7% for the first time...

For the first time since 2022, the average 30-year fixed mortgage rate dipped below the psychological 6% barrier, landing at 5.99% on Friday. This data, reported by Zillow, comes with even better news: experts expect mortgage rates to fall further in the near term. The $200 Billion Intervention In...

Lennar Corporation (NYSE:LEN) could offer insight into the housing market when the company reports fourth-quarter financial results Tuesday after market close. Here are the earnings estimates and the key items to watch. Earnings Estimates Analysts expect Lennar to report fourth-quarter revenue of $...

Mortgage rates are unlikely to plunge after this week's Federal Reserve meeting, but borrowers could see a slow, uneven drift lower rather than an immediate break, economists and housing forecasters say. Fed Rate Cut Largely Priced Into Markets The Fed is widely expected to deliver a quarter-point...

Home improvement retailer Home Depot Inc. (NYSE:HD) could provide a look at how the industry is performing when the company reports third-quarter financial results on Tuesday before the market opens. Here are the earnings estimates, what experts are saying ahead of the report and key items to watch...

Personal finance guru Dave Ramsey has offered numerous pieces of advice on buying a home over the years. One conversation from 2019, a Texas caller asking whether to pay cash for a house, is the clip he keeps reposting across social media to make a simple point that debt-free homeownership is a...

Homebuilding company Lennar Corporation (NYSE:LEN) could highlight falling mortgage rates and the impact of a potential rate cut when the company reports third-quarter financial results Thursday after market close. Here are the earnings estimates, what experts are saying and key items to watch....

Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers.  The Data:  The 30-year fixed mortgage rate averaged 6.35% for the week ending...

Mortgage rates could slip even before the Federal Reserve formally cuts rates on Sept. 17 because lenders tend to price in expectations ahead of policy moves and mortgages key off the 10-year Treasury yield more than the Fed's short-term rate. Markets Price In September Cut Ahead Of Jerome Powell...

Newly built homes in the U.S. have shrunk to their smallest average size in two decades as buyers pay more for less space, pinched by higher mortgage rates and fading affordability, new analyses show. Average Home Size Falls As Prices, Rates Bite The average new single-family home sold in 2024...

Mortgage fraud is a serious allegation, one that President Donald Trump has hurled toward three of his staunch critics: Federal Reserve Governor Lisa Cook, New York State Attorney General Letitia James and California Senator Adam Schiff. Then there’s Texas Attorney General Ken Paxton,...

Mortgage giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) may be on the path out of government conservatorship, as a new report builds on earlier signals from President Donald Trump about plans to return the firms to public ownership. What Happened: Fannie Mae and Freddie Mac have been under...

As President Donald Trump pressures Federal Reserve Chair Jerome Powell to cut interest rates, his newly passed tax-and-spending bill may be making that goal harder to achieve. What Happened: The Trump administration's proposed tax bill, which supporters dubbed the “Big Beautiful Bill,...

Homebuilder ETFs posted modest gains Wednesday after a slight uptick in housing starts, but the rally may prove short-lived. During Wednesday afternoon trading, both the iShares U.S. Home Construction ETF (BATS:ITB) and the SPDR S&P Homebuilders ETF (NYSE:XHB) gained over 1%. Markets are...

Home improvement retailer The Home Depot (NYSE:HD) could be a gauge for the do-it-yourself growth in the era of high home prices and mortgage rates when the company reports first-quarter financial results Tuesday before market open. Here are the earnings estimates, what experts are saying ahead of...