Tariff and deficit concerns sparked Moody's to downgrade the US's credit rating last week, jolting bond markets and sending mortgage rates higher. They now average 6.86%, according to Freddie Mac.

The centerpiece of the U.S. bond market is the 10-year Treasury, and its yield has climbed to 4.54% from 4.43% at the end of ...

Over half of non-homeowners believe they'll never afford their own home according to new research. High mortgage rates and limited housing supply continue pushing prices upward while median buyer age ...

Metrics such as housing price-to-income ratios have limited utility today because housing affordability is not merely a bivariate relationship between income and prices. Instead, it results from a ...

Bitcoin (BTC-USD) is setting new highs on the 15th anniversary of the famous crypto pizza transaction that started it all.

The House narrowly passed President Trump's massive budget bill Thursday morning following an all-night session after days of negotiations. CBS News' Caitlin Huey-Burns has the latest. Americans are ...

Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest ...

Avoiding common first-time homebuyer mistakes can help you save money, reduce stress, and start your homeownership journey on ...

The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...

The median price of homes in New York rose again, marking 21 consecutive months of gains. In April 2024, the median home ...

Florida Realtors Chief Economist cites still high mortgage rates as a factor, saying if they fall to 6%, it will help affordability and spur more buyer competition.

Sales of previously occupied US homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home buyers during what’s traditionally the busiest time of the year for the ...