New Home Sales Tick Up in June Despite Elevated Mortgage Rates

Sales of new-construction homes bumped up a bit in June, as median sales prices slid and gave buyers an affordability boost. Contract signings for newly built homes hit a seasonally adjusted annual rate of 628,000 in June, 1.5% up from May, according to data released by the U.S. Census Bureau and De

Prince Harry and Meghan Markle Take Archie and Lilibet To Stay at Princess Diana’s Childhood Home During U.K. Trip

Prince Harry and Meghan Markle took their two children, Archie and Lilibet, to visit the childhood home of the Duke of Sussex's late mother, Princess Diana, during their recent European vacation, it has been revealed. Meghan, 44, shared several photos from the family's recent trip overseas on her In

Mortgage defaults level off in June, FHA new defaults down 15%

New mortgage default activity remained stable in June, with new defaults among Federal Housing Administration (FHA) borrowers falling 15% from a year earlier, marking the largest annual decline in more than four years. That’s according to Intercontinental Exchange’s (ICE) latest First Look Mortgage

Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.58% Rate

Mortgage rates continued their upward trajectory this week, as the average rate on 30-year fixed home loans reached 6.58% for the week ending July 23, up 3 basis points from 6.55% the previous week, according to Freddie Mac. This marks the highest average rate since early August 2025. Compounding th