Mortgage Rates – Page 3 – One America News Network

HOLLYWOOD, FLORIDA - OCTOBER 27: A 'For Sale' sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. The rate on the average 30-year fixed mortgage hit 7.08%, up from 6.94% the week prior, according to Freddie Mac. Mortgage rates surpassed 7% for the first time since April 2002. (Photo by Joe Raedle/Getty Images)

Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month

A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.

In this aerial view, completed and under construction new homes at a site in Trappe, Maryland, on October 28, 2022. - New home sales in the US dipped in September, official data showed on October 26, 2022, as worsening affordability nudges ownership further out of reach for many. Sales soared during the coronavirus pandemic as Americans snapped up homes on the back of bargain mortgage rates, but the sector has cooled with the US Federal Reserve hiking lending rates as it fights to bring down surging inflation. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Report: U.S. Home Prices Increased 47% On Average Since 2020

A recent analysis by ResiClub of the Case-Shiller National Home Price Index has unveiled a staggering increase in U.S. home prices, soaring a hefty 47.1% since 2020.

A carpenter works on new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo

US single-family housing starts jump to more than 1-1/2-year high

Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.

A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US new home sales fall more than expected in October

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.

AUSTIN, TEXAS - OCTOBER 16: A home available for sale is shown on October 16, 2023 in Austin, Texas. Home sales have slowed as the cost of borrowing has increased and the country continues seeing record-high mortgage rates. (Photo by Brandon Bell/Getty Images)

Mortgage Rates Hit 8%, American Families Struggling To Keep Up

New data from Redfin reveals that about 16 percent of pending home sales collapsed in September as mortgage rates hit 8 percent. One America’s Daniel Baldwin with more.

US Mortgage Rate Climbs to 7.16%, Could Hit 8%, Mark Not Seen Since 2000

The U.S. mortgage rate rose to the highest mark in over 20 years. According to Mortgage Bankers Association, the 30-year mortgage rate rose to 7.16% last week, which matches the highest since 2001.