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Mortgage rates ease for second straight week

Until the Fed begins lowering its short-term rate, long-term mortgage rates are unlikely to ease significantly, economists say. ....

Jon Gorey , Bob Broeksmit , Freddie Mac , Sam Khater , Federal Reserve Bank , Federal Reserve , Mortgage Bankers Association , Associated Press , Mortgage Bankers ,

A little relief. Just a little. Mortgage rates ease.

A year ago, the mortgage rate averaged 6.71%. Five years ago, it stood at 3.82%, according to the Federal Reserve Bank of St. Louis. ....

Ralph Mclaughlin , Jon Gorey , Freddie Mac , Federal Reserve Bank , Associated Press , Federal Reserve , Mortgage Bankers Association , Mortgage Bankers ,

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Average long-term US mortgage rate inches up

After climbing to a 23-year high of 7.79% in October, the average rate on a 30-year mortgage has remained below 7% since early December. ....

United States , Sam Khater , Freddie Mac , Jon Gorey , Associated Press , Federal Reserve ,

Mass. home prices broke records in January

The housing market woes of 2023, "like limited inventory, economic uncertainties, and higher interest rates are still at the forefront." ....

United States , Jon Gorey , Jared Wilk , Cassidy Norton , Greater Boston Association Of Realtors , Warren Group , Greater Boston , Greater Boston Association ,