Mortgage Rates Unchanged Versus Tuesday's Levels

The bond market was closed on Wednesday for the Juneteenth holiday.  As such, mortgage lenders were either closed or unable to update mortgage rates based on market movement.  Today's rates are perfectly in line with Tuesday morning's, on average, even though the bond market is slight

Buyer Can’t Get Financing: Now What?

RE Q&A: Can the seller keep the deposit, since there is a signed contract? It depends on the financing section of your contract, timing and other specific details.

30-Year Mortgage Rate Falls Again, Now 6.87%

Freddie Mac: Last week, it was 6.95%. This is the third straight weekly decline and the lowest level for 30-year fixed-rate mortgages since early April.

Housing Starts Retreat in May

High interest rates for loans held back housing supply as overall housing starts fell 5.5%, single-family starts declined 5.2% and multifamily fell 6.6%.