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Tag: mortgage rates

What is driving mortgage rates to their highest point in years

Homebuyers hoping for relief from elevated borrowing costs did not get it…

Shekari Philemon

Dow rallies while Americans feel the squeeze everywhere

The stock market closed the week higher, but bonds, gas and mortgages…

Gesi Lloyd

Lennar home prices and what builders won’t say

The nation's second largest homebuilder is selling new homes for roughly 30…

Shekari Philemon

Federal Reserve raises rates to 3.75-4 percent in first hike since July 2023

The Federal Reserve raised its benchmark rate by a quarter point on…

Shekari Philemon

Treasury yield peak and the market rejection of government price engineering

The 10-year Treasury yield reached 4.982 percent on Thursday, its highest level…

Shekari Philemon

Inflation unchanged at 3.4 percent and the Federal Reserve and the rate question

The U.S. annual inflation rate held steady at 3.4 percent in August…

Shekari Philemon

Mortgage rate at 6.71 percent and what it costs versus the sub-6 levels of February

The average 30-year fixed mortgage rate rose to its highest level in…

Shekari Philemon

Home renovation costs and how to manage a project without overpaying

Nearly half of American homeowners now say renovating their current house is…

Shekari Philemon

Why Home sales jump 7 percent in July in the best annual gain of 2026

Home sales across the United States rose 7 percent in July compared…

Shekari Philemon

Mortgage rate jump is pricing more buyers out of affordable homes

Mortgage rates have climbed to their highest point in nearly a year,…

Shekari Philemon