Last week, the average for 30-year fixed mortgage rates dropped below 6 percent for the first time in three and a half years. Freddie Mac reported that as of February 26, the 30-year rate was 5.98%, down from 6.76% a year ago, and significantly lower than the recent peak of 7.8% in October 2023.
With so much attention focused on the stock market, the housing market has faded into the background a bit. Sellers are reluctant to give up their older 3% mortgages to buy another, more expensive house. And as they pass on, their heirs are expected to inherit nearly $2.4 trillion worth of residential real estate in the United States.
U.S. mortgage rates fell to their lowest level of the year, helping lift home-buying activity late in 2025, though affordability and tight inv…
For Star Subscribers: Marana's new Walmart will be located near hundreds of new homes, retail and industrial businesses and immediately across Interstate 10.
As the new year begins, many retirees take time to review their financial picture and consider how best to protect their independence and long…
SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be carefully weighed.
Better reports that 50-year mortgages could lower monthly payments for buyers but lead to significantly higher interest costs over time.
The median age of first-time homebuyers in the U.S. has climbed to a record of 40 as soaring prices and mortgage rates over the last few years…
Splitero reports refinancing isn't always a smart choice; hidden costs, waiting periods, and risks can outweigh potential savings.
As water lifeline evaporates, Arizona faces a cultural change over water useGet up-to-the-minute news sent straight to your device.
