Bad news for those looking to buy a home: it’s looking like high mortgage rates are here to stay in the months ahead. Mortgage rates have hovered in the 6 to 7% range this year, with the 30-year rate at 6.76% as of last week, according to Freddie Mac. And they’ll stay in that range
Uncertainty has been the flavor of the month in April on Wall Street. Tariffs of 10% are still in place on most countries, leaving investors wondering about inflation and recession prospects as consumer and business sentiment decline rapidly. President Donald Trump also continues to flip-flop on his most extreme tariff policies almost daily. When will
Mortgage rates are trending downward from recent peaks. They could fall further if the economy continues to slow and the Fed cuts rates. However, that might not make it much easier to buy a house, some experts say. It’s getting cheaper to borrow money to buy a house. But would-be homebuyers shouldn’t celebrate prematurely. Lower