News and Views

Realtor.com; Getty Images (1) Mortgage rates ticked down from 6.79% last week to 6.78% for a 30-year fixed home loan for the week ending Nov. 14, according to Freddie Mac. “After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,” said Sam Khater, Freddie Mac’s chief economist. […]

Realtor.com; Getty Images Georgia’s election results are in, with the swing state voting for Donald Trump in the 2024 presidential election, according to projections from the Associated Press decision team. The state’s 16 Electoral College votes will go toward the Republican candidate in a closely contested race where housing policies were among the key issues

Realtor.com; Getty Images Pennsylvania’s election results are in, with the swing state voting for Donald Trump in the 2024 presidential election, according to projections from the Associated Press decision team. The battleground state’s 19 Electoral College votes will go toward the Republican candidate in a closely contested race where housing policies were among the key

Realtor.com; Getty Images Wisconsin’s election results are in, with the swing state voting for Donald Trump in the 2024 presidential election, according to projections from the Associated Press decision team. The state’s 10 Electoral College votes will go toward the Republican candidate in a closely contested race where housing policies were among the key issues

Getty Images Donald Trump has defeated Kamala Harris in several key swing states to become America’s 47th president, and the financial markets that determine mortgage rates are already reacting. The Associated Press projected Trump’s victory in Wisconsin at 5:43 a.m. ET on Wednesday, putting the Republican former president over the threshold needed to become just the

Realtor.com; Getty Images Michigan’s election results are in, with the swing state voting for Donald Trump in the 2024 presidential election, according to projections from the Associated Press Decision Team. The state’s 15 Electoral College votes will go toward the Republican candidate, in a closely contested race where housing policies were among the key issues

Realtor.com; Getty Images (1) Mortgage rates rose from 6.72% last week to 6.79% for a 30-year fixed home loan for the week ending Nov. 7, according to Freddie Mac. “Mortgage rates continued to inch up this week, reaching 6.79%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. This shift comes after the presidential

Canva; Getty Images America’s housing market has been tepid at best lately, thanks to mortgage rates edging closer to 7% for the past weeks and already-high median prices remaining flat nationwide. However, prices in America’s top 20 hottest housing markets were up in October—by 2.9% on average compared to last year. (The median-priced home was

This week, the focus was on the presidential election—where the Republican Party was the clear voters’ choice, even though votes are still being tallied. Investors, markets, and businesses are already beginning to adjust to the implications; and for housing, the results are mixed.  President-elect Donald Trump was rightly vocal on the campaign trail about the

Olivier Douliery/AFP/Getty Images The Federal Reserve has issued another cut to its benchmark interest rate, but unfortunately for homebuyers, it won’t translate to lower mortgage rates in the short term. As expected, the Fed cut its policy rate by a quarter-point on Thursday, to a new target range of 4.5% to 4.75%. It marked the