Tag Archives: mortgage rates

A slight drop in mortgage rates led to a large jump in new home sales in August, but a decrease in existing home sales, according to an analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family …

Mortgage rates continued to decline in August and are now reporting at the lowest rate since November 2024, according to Freddie Mac.  The 30-year fixed-rate mortgage averaged 6.59%, 13 basis points (bps) lower than July, while the 15-year rate declined …

The total home improvement market is projected to grow 3.4% in 2025, a reduction from the 5% growth projected in the Home Improvement Research Institute’s (HIRI) June outlook. HIRI announced findings from its latest U.S. Size of the Home Improvement …

Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …

Mortgage rates have been climbing since mid-December, with an average 30-year fixed-rate mortgage reaching 6.96% in January, before easing after the bond market stabilized following President Donald Trump’s postponement of tariffs until Feb. 1, the National Association of Home Builders …

Interest rates rose in 2022 and 2023, causing single-family home production to fall. But as the Federal Reserve is on track to cut interest rates during the second half of the year, production should begin its upward path, according to …