News

The average 30-year fixed rate mortgage was 6.76% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood at 5.76%, up by 0.03%. The 30-year FHA mortgage averaged 6.05% ...
Sonic has the potential to generate significant economies of scale as vehicle demand rebounds and if EchoPark grows. Powersports may be a lucrative new business as well given it does not have many ...
The increases were partly driven by rising U.S. Treasury yields, with the 5-year rising above 4% following ...
Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a ...
The average 30-year fixed mortgage interest rate is 6.75% today, up 0.04% from seven days ago. The average rate for a 15-year ...
What happened following yesterday's consumer price index (CPI) report? And what implications could today's fresh inflation numbers have?
So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most ...
Some economists think inflation will hit 3.5% in this morning’s report, coming in above the Bank of England’s forecast. We ...
Rates for new 30-year loans continue to bob around a bit above the low reached two weeks ago. Rates for several other loan types are also wavering.
JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower ...
Mortgage rates are based on bonds and bonds don't like inflation.  When inflation reports are higher than the market expected ...
U.S., economist warns Is the housing market about to stall the American economy? One economist seems to think so - and he blames high mortgage rates. With home sales sluggish, and home building and ...