5+ hour, 52+ min ago   (786+ words) The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market. Sales of previously occupied U.S. homes…...

10+ hour, 32+ min ago   (778+ words) The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with'rising home prices'and'elevated mortgage rates'keeping many prospective home shoppers out of the market. Sales of previously occupied U.S. homes totaled 4.06 million last year,…...

6+ day, 55+ min ago   (566+ words) By JOSH BOAK and ALEX VEIGA, Associated Press Trump said the two mortgage companies under government conservatorship, Fannie Mae and Freddie Mac, have $200 billion in cash that will be used to make the purchase. White House officials did not immediately…...

1+ week, 1+ hour ago   (403+ words) WASHINGTON " President Donald Trump said Wednesday that he wants to block large institutional investors from buying houses, saying that a ban would make it easier for younger families to buy their first homes. "People live in homes, not corporations," Trump…...

1+ week, 7+ hour ago   (367+ words) People live in homes, not corporations," Trump said in a social media post as he called on Congress to codify his ban. The president has in the past floated'extending the 30-year mortgage to 50 years'in order to lower monthly payments, an…...

1+ week, 2+ day ago   (281+ words) Holiday spending was expected to be tempered this year but the latest data shows Americans aren't slowing down, even with growing debt. The National Retail Federation said nearly 203 million U.S. shoppers went to retail stores and websites from Thanksgiving Day through…...

2+ week, 9+ hour ago   (296+ words) WASHINGTON " The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. That's…...

3+ week, 5+ hour ago   (432+ words) By MATT OTT, AP Business Writer The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.85%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home…...

3+ week, 5+ day ago   (664+ words) Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year. Existing home…...

3+ week, 5+ day ago   (292+ words) Philosopher George Santayana once famously observed, "Those who cannot remember the past are condemned to repeat it." Unfortunately, our nation's collective memory doesn't seem to even extend back two decades. Last month, Fannie Mae dropped the requirement that borrowers have…...