Mortgage Rates Hit 7.49%, the Highest Level Since November 2023
The average 30-year mortgage rate has climbed to 7.49%, per the MBA, the highest in nearly three years. Treasury yields, oil, and debt worries are driving…
Mortgage
Plays the latest stories back to back
Senate Banking Committee Advances Brian Johnson for CFPB Director
WASHINGTON — The Senate Banking Committee has advanced Brian Johnson’s nomination to lead the Consumer Financial Protection Bureau. The move sends President Donald Trump’s nominee to the full Senate for…
U.S. Housing Market Faces New Test as August Existing-Home Sales Report Arrives Thursday
The U.S. housing market is back in focus Thursday as investors, homeowners, real estate professionals and prospective buyers await the latest reading on existing-home sales. The National Association of Realtors…
U.S. Home Deals Are Falling Apart at the Highest Rate in Nearly Three Years as Buyers Gain Leverage
The American housing market is sending another signal that the balance of power has shifted. Nationwide, 14% of U.S. home-sale agreements fell out of contract in July 2026, according to a…
U.S. Treasury’s 10-Year Note Auction Could Be a Major Test for Markets Wednesday
September 8, 2026 The U.S. bond market is heading into a potentially consequential Wednesday as the Treasury Department prepares to auction $39 billion of 10-year notes, putting investor appetite for American…
30-Year Treasury Yield Hits Highest Level Since 2007 — And Homebuyers Could Feel the Impact
The U.S. bond market just flashed another major warning sign for borrowers, investors and the housing market. The yield on the 30-year U.S. Treasury bond surged above 5.2%, briefly reaching roughly…
What to Expect From This Week’s Federal Reserve Meeting Under Kevin Warsh
Markets expect the Federal Reserve to hold interest rates steady this week—but don’t mistake that for a quiet meeting. The Federal Reserve’s July 28-29 policy meeting could be one of…
The Final Rocket Classic: Why One of the PGA Tour’s Newest Events Is Already Saying Goodbye
For golf fans, this week’s Rocket Classic at historic Detroit Golf Club carries a different feeling. Yes, there will be world-class golf, big-name players, FedEx Cup implications, and another opportunity to watch rising stars…
Foreclosures Are Rising Again. Is the U.S. Housing Market Starting to Crack?
For years, the U.S. housing market has seemed almost untouchable. Home prices climbed to record highs, mortgage rates surged, and buyers found themselves competing for fewer available homes. Now, however,…
Federal Lawmaker Introduces Bill to Restrict Federally Backed Mortgages to U.S. Citizens
A new proposal in Congress is reigniting the national debate over immigration, housing affordability, and access to federally backed home loans. Rep. Brandon Gill (R-Texas) announced the introduction of the Homeownership…
Rocket Classic’s Future in Doubt as Rocket Ends Sponsorship After 2026
The PGA Tour’s Detroit stop may be entering its final chapter. Rocket announced it will conclude its title sponsorship of the Rocket Classic following the 2026 tournament, ending a partnership…
Kevin Warsh Shakes Up the Federal Reserve’s Approach
The debate over the future of U.S. monetary policy just got a lot more interesting. Former Federal Reserve Governor Kevin Warsh is making headlines after delivering a sharp critique of…
Berkshire Hathaway Makes First Major Acquisition Under Greg Abel
A New Era Begins at Berkshire Hathaway For more than six decades, Berkshire Hathaway has been synonymous with one name: Warren Buffett. Now, investors are getting their first glimpse of…
Housing pulse
Source: Federal Reserve Bank of St. Louis (FRED): Freddie Mac and U.S. Census Bureau data.
Reader pollVote to see how readers answered
Where do you get most of your news?
Be honest: we won't be offended.
Tap an answer to vote and see how other readers answered.
Reader pollVote to see how readers answered
Is the American Dream still within reach?
For you and your family, honestly.
Tap an answer to vote and see how other readers answered.
Local weather
Finding your area…National Weather Service
Trending
- College Football Week 6 Guide: Georgia-Alabama, Red River and Every Big Game to Watch
- Georgia Beats Alabama 20-17 as Hurricane Isaias Soaks Tuscaloosa
- Starbucks Chipotle Takeover Report: Coffee Giant Wouldn’t Say No
- What the La Liga Suspension Means for Rayo and Athletic
- Oklahoma Stuns No. 1 Texas 27-24 on Last-Second Field Goal in Red River Rivalry