Long-Term Mortgage Rates Decline for a Third Week

The average rate on a 30-year mortgage fell to 6.94% from 7.02% last week and borrowing costs on 15-year fixed-rate mortgages dipped 6.24% from 6.28%.

April New Home Sales Decline

New home sales in the United States fell in April by 4.7% compared to the previous month. The average sale price nationally was $505,700.

Roofing Materials That Stand the Test of Time

Roofing materials should be able to take the brunt of Florida’s weather while adding to curb appeal at the same time. Consider all of the options.

Policymakers See Longer Path to Rate Cuts

The Fed said higher rates might be having a smaller effect on inflation because, in part, many homeowners locked in low mortgage rates during the pandemic.