4 mins read

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate increases. The weekly average rate on a 30-year fixed-rate home loan rose to 7.03% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. […]

4 mins read

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Home shoppers holding out for relief from rising mortgage rates may be in for a long wait. The weekly average rate on a 30-year fixed-rate home loan has been rising for months and reached its highest level in over 14 months last week at 6.76%, according to mortgage buyer Freddie Mac. This week’s snapshot, due […]

5 mins read

Trump names real estate scion Bill Pulte acting intelligence director alarming GOP and Dems

WASHINGTON | President Donald Trump has tapped Bill Pulte, head of the Federal Housing Finance Agency, to be the acting director of national intelligence — putting a real estate scion and fierce Trump loyalist in a key national security post as the U.S. remains at war with Iran. Trump made the surprise announcement Tuesday on […]

4 mins read

Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard

WASHINGTON | President Donald Trump has tapped Bill Pulte, head of the Federal Housing Finance Agency, to be the acting director of national intelligence — putting a real estate scion and fierce Trump loyalist in a key national security post as the U.S. remains at war with Iran. Trump made the surprise announcement Tuesday on […]