Mortgage Rates: 30-Year Dips, 15-Year Inches Up

Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%.

Pending Home Sales Climbed 2.0% in October

NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.

Fed Officials Signal Cautious Path for Rate Cuts

Most economists think officials will probably cut rates next month for the third time this year but could then skip cuts in 2025.

Should You Use Home Equity for Holiday Expenses?

It can be tempting to tap home equity for the festive season. After all, it's your money, and it's cheaper than other financing methods. But it’s risky, experts say.