Mortgage

Mortgage rates rise, hitting demand

Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed

News Room News Room 1 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

Mortgage rates rise, hitting demand

Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac's latest Primary Mortgage

News Room News Room

The Federal Reserve announced a third rate cut; fewer are expected in 2025

The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to

News Room News Room

Century 21 CEO optimistic over 2025 real estate market: Here's what buyers 'don't realize'

As consumers patiently wait for mortgage rates to settle, the Century 21 Real Estate CEO is flagging consumers about "positive

News Room News Room

Want to buy a home in 2025? Here's where mortgage rates will land

Mortgage rates are expected to come down next year, but the decline is unlikely to be enough to provide relief

News Room News Room

Mortgage rates fall for second straight week, lowest since October

Mortgage rates moved lower for the second consecutive week, sending purchase applications higher in further signs of pent-up demand amid

News Room News Room

FHFA announces higher mortgage loan limits for 2025

Housing prices have remained high for the last few years, largely due to fluctuating mortgage rates and lasting economic effects

News Room News Room

Freddie Mac, Fannie Mae backing bigger home loans in 2025

The Federal Housing Finance Agency (FHFA) announced on Tuesday it is raising the loan amount limits for mortgages purchased by

News Room News Room

Mortgage demand jumps as rates drop

Long-term mortgage rates fell over the past week, reigniting demand for home purchases and breathing new life into what has

News Room News Room

Mortgage rates rise after home sales jump in October

Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in

News Room News Room

Mortgage rates fall slightly, ending 6-week climb

Mortgage rates barely moved this week after marching higher for the past month and a half, while purchase demand remains

News Room News Room

The Fed just cut interest rates again, this time by a quarter of a percentage point

The Federal Reserve just cut interest rates for the second time this year, a move that was largely expected as

News Room News Room

Mortgage rates climb again, hurting demand further

Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market.

News Room News Room

Mortgage rates rise for fifth straight week

Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac's latest

News Room News Room

Mortgage rates rise for fourth straight week

Mortgage rates continued their upward trajectory this week, climbing for a month straight while further pushing down demand in the

News Room News Room

Why mortgage rates are going up despite the Fed's interest rate cut

Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a

News Room News Room

Mortgage rates march higher for third straight week

Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high

News Room News Room

Mortgage rates surge higher, further hurting demand

Mortgage rates jumped markedly this week, sending demand down for a second straight week. Freddie Mac's latest Primary Mortgage Market

News Room News Room

Inflation sees the lowest annual rise since 2021

The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in

News Room News Room