A house for sale in Seattle. Mortgage rates stayed steady, according to data released on Thursday, as the Federal Reserve considers further interest-rate cuts after its first reduction in a decade on Wednesday. Freddie Mac said the 30-year fixed-rate mortgage averaged 3.75% in the week ending Aug. 1, which isRead More →

Online technology is shaking up homebuying for the better, forever changing the ways homes are listed, toured and financed. Buyers are embracing the innovations. Nearly three-quarters now apply online, and 83% sign documents electronically, according to a recent survey from the mortgage automation company Ellie Mae. And, many buyers are turning toRead More →

Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have. Home price gains had been shrinking since last summer, when rates rose sharply, but are now making a U-turn withRead More →