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'Encouraging:' Average long-term mortgage rate falls lowest level since May 2023

The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers. ....

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Fewest homes sold in nearly 30 years

The fewest homes were sold last year in nearly 30 years as high mortgage rates kept sellers on the sidelines and many buyers priced out of the market. ....

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2023 was slowest year for home sales in 30 years as high mortgage rates frustrate buyers

Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of ho ....

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From home run to home none: Soaring rates send the property game into extra innings

The fewest homes were sold last year in nearly 30 years as high mortgage rates kept sellers on the sidelines and many buyers priced out of the market. ....

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Mortgage lenders and agents weigh in on 2024 real estate outlook

As interest rates decline, some mortgage lenders said they're seeing a spike in calls.Tim McBratney with PacRes Mortgage tells KATU normally the holiday season ....

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