From Yahoo Finance: 2025-05-01 14:00:00

Rates for home loans dropped slightly to 6.76% for 30-year fixed-rate mortgages, down from 6.81%. Economic uncertainty continues to weigh on the housing market, impacting buyers’ decisions. Mortgage applications fell as consumers hold back due to anxiety. Redfin data shows lower home tours despite lower rates, with people waiting for economic stability before buying.



Read more at Yahoo Finance: Mortgage rates move lower, but is it enough to help the housing market?