Median monthly housing payments see sharpest drop in almost 1 year

The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12 percent on Tuesday. Continue reading

Rising rates take toll on mortgage demand

Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading