July Home Sales Fell as Rates and Prices Kept Buyers Back
Existing-home sales fell 1.7% in July as mortgage rates near 6.7%, rising prices and limited inventory continued to pressure buyers nationwide.
Mortgage Rates
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U.S. mortgage rates rise for a fifth straight week to highest level in more than a year
The average long-term U.S. mortgage rate reached its highest level since late July 2025, increasing borrowing costs for homebuyers and people considering refinancing.
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U.S. mortgage rates reach a one-year high after five straight weekly increases
The average U.S. long-term mortgage rate rose for a fifth consecutive week by Aug. 7, reaching its highest level in just over a year as home prices remained elevated.
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U.S. mortgage rates rise for a fifth straight week to a one-year high
Average long-term U.S. mortgage rates climbed for a fifth consecutive week, reaching their highest level in just over a year and adding pressure to homebuyers.
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U.S. 30-Year Mortgage Rate Rises to 6.69%, Highest Since 2025
The average U.S. 30-year fixed mortgage rate rose for a fifth consecutive week, while home prices continued to increase and June construction data sent mixed signals about housing supply.
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U.S. Economy Grew at a Sluggish 1.5% Annual Rate in the Second Quarter
The U.S. economy expanded at a 1.5% annual rate in the second quarter as elevated inflation, fuel prices and borrowing costs continued to pressure households and businesses.
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30-Year Mortgage Rate Rises to 6.69%, Reaching a One-Year High
Freddie Mac’s national weekly benchmark rose for a fifth straight week, adding pressure to borrowers and making refinancing less attractive.
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U.S. 30-year mortgage rate rises to 6.69%, highest level in more than a year
The average U.S. 30-year fixed mortgage rate rose to 6.69% on Aug. 6, marking a fifth consecutive weekly increase as the housing market remains sluggish.
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30-year mortgage rate rose to 6.69%, highest level in more than a year
The average long-term U.S. mortgage rate rose for a fifth consecutive week on Aug. 6, adding to affordability pressure for prospective homebuyers as economic growth slows.
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Average 30-year mortgage rate reaches 6.66%, highest level in a year
The national average 30-year mortgage rate rose for a fourth straight week, while home prices continued to increase in May, adding pressure to buyers and refinancers.
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Home prices hit a record as sales slow, keeping mortgage affordability under pressure
June home sales fell as prices reached a record and mortgage rates rose to 6.66%, giving buyers more listings but leaving monthly borrowing costs high.
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June housing-affordability reading leaves buyers a narrow cushion
The national housing-affordability index fell to 102.3 in June, leaving median-income buyers a narrow cushion as prices and mortgage rates remain elevated.
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Home prices remain near records as U.S. sales slow
June sales slowed as the median existing-home price hit a record, giving some buyers more negotiating room without easing monthly housing costs.
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U.S. 30-Year Mortgage Rate Rises to 6.66%, Highest in a Year
The average U.S. 30-year mortgage rate reached 6.66%, raising monthly borrowing costs for buyers while making refinancing harder to justify.
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Mortgage Rates Reach 6.66%, Adding Pressure to U.S. Home Affordability
The average U.S. 30-year mortgage rate rose to 6.66% on July 30, raising monthly borrowing costs and limiting purchasing power for some buyers.
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U.S. New-Home Sales Tick Up, but 9.3 Months of Supply Gives Buyers More Leverage
June new-home sales rose modestly, but high inventory, softer prices and builder incentives may give buyers more room to compare and negotiate.
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Freddie Mac: 30-year mortgage rate rises to 6.58%—what higher costs mean
Freddie Mac’s PMMS for the week ending July 23 shows the 30-year fixed rate averaging 6.58%—up from 6.55—tightening affordability for buyers and refinancers.
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BLS June 2026 CPI shelter update: rent vs OER and mortgage-rate expectations
BLS’s June CPI came out July 14: rent of primary residence rose 0.1% month-to-month and 2.8% yearly; OER rose 0.2% and 3.3%. What that signals next.
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Mortgage rates hit 6.55% near-year high—what it means for homebuyers
Freddie Mac says the 30-year fixed mortgage benchmark rose to 6.55% for the week ending July 16, up from 6.49%—an affordability hit for buyers.
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June CPI shelter and rent cooled—why it may shift mortgage expectations
June CPI data showed smaller shelter inflation, including OER and rent of primary residence. Here’s what that could mean for mortgage-rate expectations.
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Freddie Mac PMMS: 30-year fixed averages 6.49% (week ending July 9)
Freddie Mac’s PMMS for the week ending July 9 shows the 30-year fixed averaging 6.49% (up from 6.43%)—plus the 15-year move and what to watch next.
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Freddie Mac mortgage rates edged lower again—30-year fixed averaged 6.43%
Freddie Mac’s PMMS for the week ending July 2, 2026 shows 30-year fixed at 6.43% (down from 6.49%) and 15-year at 5.79%.