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The Latest Breaking News from Freddie Mac

Thousands of veterans face foreclosure and it's not their fault. The VA could help

An NPR investigation finds that many people with VA loans who got a COVID forbearance are at risk of losing their homes. The VA has a fix, but it could be too late unless it halts foreclosures.

WEKU

The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The Independent UK

The average long-term US mortgage rate slips to 7.76% in first drop after climbing 7 weeks in a row

The average rate on the benchmark 30-year home loan fell slightly this week, ending a seven-week climb —- modest relief for prospective homebuyers grappling with an increasingly unaffordable housing market

The Independent UK

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The average long-term US mortgage rate rises for 7th straight week, 30-year loan reaches 7.79%

The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers

The Independent UK

Buyers—and sellers—need to prepare for mortgage rates nearing 8% and staying there indefinitely says a prominent chief economist

First American’s Mark Fleming says mortgage rates could get closer to 8%.

Fortune

Goldman is back with a 16-years-later look at the housing market crash of 2008—and finds affordability is even worse right now

Goldman Sachs economist says it would take a ‘shock to the broader economy’ to make homebuying more affordable.

Fortune

The average long-term US mortgage rate surges to 7.49%, its highest level since December 2000

The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers

The Independent UK

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Mortgage rates just hit a 22-year high—it'll continue to be a ‘drag on home sales,’ Realtor.com chief economist says

"Longer-term, higher mortgage rates are likely to be a drag on home sales as costs put buying out of reach, causing many households to delay plans to move."

Fortune

5 Ways to Shop for a Low Mortgage Rate

Mortgage rates are high this year, but you can still find an affordable loan with these tips.

Kiplinger

3 Bond ETFs That Investors Keep Going Back To

Despite indications of the U.S. economy potentially navigating toward a sought-after soft landing, lingering threats of credit rating downgrades could persevere the market uncertainty moving forward. Against this backdrop, investing in appropriate bond exchange-traded funds (ETFs), such as Vanguard Total Bond Market Index Fund (BND), First Trust Low Duration Opportunities…

StockNews.com

Mortgage Rates Jump to Highest Mark in More Than 21 Years

Latest mortgage rates data shows a tough landscape for prospective homebuyers – and sellers.

Kiplinger

US Housing Market Faces Affordability Crisis Amid Skyrocketing Mortgage Rates

The housing market in the United States is battling its biggest affordability crisis in almost 40 years.

Zenger

Average long-term US mortgage rate climbs to highest level in more than 20 years

Mortgage buyer Freddie Mac said the average rate on the benchmark 30-year home loan rose to 7.09% — a year ago, the rate averaged 5.13%.

Chicago Sun-Times

Average long-term US mortgage rate hits highest level in 2 decades

The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years, grim news for would-be homebuyers already facing high home prices caused a lack of supply

The Independent UK

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The Independent UK

Average long-term US mortgage rate climbs to 6.96% this week, matching highest level this year

The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability challenges due to a housing market limited by a shortage of homes for sale

Fortune

10 housing markets up the most—and 10 down the most

The best way to describe the housing market over the past year: bifurcated.

Fortune

Housing market head fake? Boise slips back into correction-mode

Recently published data from Freddie Mac suggests that Boise's spring bounce might indeed be a head fake.

Kiplinger

Bond Basics: U.S. Agency Bonds

These investments are close enough to government bonds in terms of safety, but make sure you're aware of the risks.

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Reason

NYC Agrees To Pay $13 Million to Activists Arrested in 2020 Racial Justice Protests

Plus: Twitter subpoenas Elizabeth Warren's communications with the SEC, mortgage rates are starting to fall, and more...

The Independent UK

Average long-term US mortgage rate falls to 6.78% this week to lowest level in four weeks

The average long-term U.S. mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale

The Independent UK

Average long-term US mortgage rate surged to nearly 7% this week to highest level since November

The average long-term U.S. mortgage rate climbed this week to just under 7%, the highest level since November and the latest setback for homebuyers already grappling with a tough housing market constrained by a dearth of homes for sale

The Independent UK

Average long-term US mortgage rate falls to 6.67%, third straight drop since climbing to 2023 high

The average long-term U.S. mortgage rate fell for the third time in as many weeks, a welcome boost for homebuyers facing a housing market that’s been held back this year by a tight inventory of homes for sale

StockNews.com

3 Real Estate Stocks to Buy in June

While the Fed’s rate hikes curbed appetite for real estate, the industry’s long-term prospects look impressive. So, investors could consider buying quality real estate stocks, Guild Holdings (GHLD), RMR Group (RMR), and AMREP (AXR). Read on.

Axios

America's housing shortage is keeping home prices high

The shortage has its roots in the financial crisis, and was exacerbated by the pandemic.

The Independent UK

Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week

The average long-term U.S. mortgage rate eased back from a seven-month high this week, a welcome change for homebuyers navigating high borrowing costs and heightened competition for relatively few homes for sale

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