The U.S. housing market faces challenges as sales plummet to 30-year low amid soaring prices and mortgage rates.

The 30-year fixed-rate mortgage (FRM) broke a five-week upward trajectory and dipped to 6.96%, according to Freddie Mac’s ...

Home sales in the final months of the year showed solid recovery despite elevated mortgage rates, NAR’s chief economist said.

The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...

U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to ...

Fewer previously owned homes changed hands last year than any time since the mid-1990s. Volatile mortgage rates and ...

Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed ...

The 30-year fixed rate averaged just under 7% this week, according to Freddie Mac, but some economists are already revising ...