Mortgage Rates Stage Moderate Recovery From Long-Term Highs

Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late July 29, 2025. The key contributor to the recent spike has been the uptick in fuel prices in July combined with the fact that rates never made it any lower than 6.52% over the

Survey: Gen X, Millennials still lean on parents

new survey finds financial independence is taking longer for many adults, including millennials and Gen Xers, as housing costs, student debt and everyday expenses continue to strain budgets.

Hispanic homebuying confidence falls despite brighter financial outlook

Hispanic consumer confidence improved slightly in the second quarter, but fewer said it was a good time to buy a home, a Florida Atlantic University survey found.

Mortgage Rates Near 1-Year Highs

Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you're an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let's say the payment is $5 or enough to buy a dozen