Home Place Realty

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. The benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.43% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average....

Average 30-year mortgage rate falls to lowest level in seven weeks The average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said. The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospect...

Young adults at home may need a path to ownership Young adults living with parents are not out of the housing market – they are delayed by affordability. Realtors can help them compare rent, starter-home options, down payment programs and realistic timelines for buying. A record number of young adults are still living with their parents – a tre...

HUD changes guidance on emotional support animals HUD’s new guidance narrows how the agency will handle emotional support animal complaints under the Fair Housing Act, but NAR says housing providers should be careful before changing policies. Courts, state agencies and local fair housing laws may still treat the issue differently. WASHINGTON — ...

Average 30-year rate holds near 6.5% for sixth straight week The average 30-year fixed mortgage rate rose to 6.49% from 6.47% this week, while 15-year rates climbed to 5.84%, Freddie Mac reported. Rates remain below year-ago levels as easing oil prices help cool bond market pressure. The average long-term U.S. mortgage rate edged higher this week, staying clo...