Senate passes bipartisan housing bill to improve access and affordability
In a rare bipartisan effort for a deeply divided Congress, the Senate has passed a broad bill to make U.S. housing more accessible and affordable.
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Crude oil prices spike as a broadening Iran war threatens both transport routes and production
Oil prices spiked near $120 per barrel before falling back Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.
Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping
Oil prices have eclipsed $100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle...
Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years
The recent decline in rates is a favorable lead in to the annual spring homebuying season — good news for home shoppers who can afford to buy at current rates.
Average US long-term mortgage rate barely budges, holding near 6%
The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. One year ago,...
Home sales stuck at 30-year low in 2025 as mortgage rates, prices weighed on market
Sales of previously occupied U.S. homes totaled 4.06 million last year, flat versus 2024, when sales sank to the lowest level since 1995, the National Association of Realtors said Wednesday....
November US homes sales rose from the previous month, but are down from 2024 as prices climb
Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May.
US homes sales rose in October as homebuyers seized on declining mortgage rates
Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.
Former Fed governor’s stock trades violated the central bank’s ethics rules
A former Federal Reserve governor who retired in August listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules.
Average long-term US mortgage rate dips to 6.17%, its lowest level in more than a year
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year.