Average 30-year U.S. mortgage rate rises to 6.49%
The average long-term U.S. mortgage rate drew closer this week to 6.5%, Freddie Mac reported, pushing up borrowing costs for prospective homebuyers.
Report: LGBTQ+ Gen Z buyers may face longer path to ownership
A new LGBTQ+ Real Estate Alliance report says family financial support, down payment savings and discrimination concerns may shape when some young adults are ready to buy. For Realtors, the survey offers a reminder to start financing conversations early and connect customers with trusted resources.
Future homebuyers cite prices, payments as top barriers
Americans who plan to buy a home in the next five years say affordability concerns are keeping them from purchasing now, according to a new survey. High prices, monthly payment worries, mortgage rates and down payment costs were among the top barriers.