Claire Boston Senior Reporter Claire Boston is a New York-based reporter covering the housing market. Earlier, she covered financial markets including the business of selling and bundling mortgages into bonds at Bloomberg News. She is a CFA charterholder. Most Recent Mortgage rates edge lower after Trump picks Bessent to lead Treasury Mortgage rates were little changed this week as financial markets reacted to President-elect Donald Trump’s slate of Cabinet picks. Home contract activity jumps for third straight month as consumers shrug off higher rates Home contract signings rose in October for the third consecutive month as homebuyers took advantage of growing inventory levels and shook off higher mortgage rates. Mortgage rates resume climb toward 7% Mortgage rates ticked up last week, nearing 7% as the housing market enters its seasonal slowdown. Owning a home has rarely been this much more expensive than renting The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math. Mortgage rates stay flat as Trump’s second term comes into focus Mortgage rates stayed flat from last week at 6.78% as financial markets reacted to President Trump's re-election. Trump says deportations will lower housing costs. The reality is complicated. Donald Trump has blamed the housing crisis on immigration, but experts say the relationship between rising immigration and surging housing costs isn’t so clear. Mortgage rates rise again amid election volatility Mortgage rates rose for sixth straight week amid volatility around the presidential election. Mortgage rates below 6%? Not anytime soon. Mortgage rates have risen due to new economic data and pre-election fears, and are in for another volatile few weeks. Mortgage rates rise for fifth straight week amid pre-election volatility Mortgage rates averaged 6.72% this week, according to Freddie Mac, following bond yields higher. Home sales contracts picked up last month, hitting highest level since March Housing contract activity jumped 7.4% in September as buyers took advantage of lower mortgage rates and more inventory. Election anxiety is stalling the housing market, agents and mortgage lenders say Real estate industry veterans say election anxiety is weighing on buyers and sellers. But national data suggests there's no clear trend. Flood insurance isn't perfect. You should probably buy it anyway. As climate change makes extreme weather more common, flood risk is growing all over the country. Still, not enough people have flood insurance. Mortgage rates climb north of 6.5% for first time since August Average 30-year fixed rates reached 6.54% in the week through Wednesday, according to Freddie Mac. The housing market is picking up in some of the most expensive regions of the US The housing market is showing signs of life in expensive areas where more people can take advantage of lower mortgage rates. Mortgage rates spike for third straight week while buyers grow cautious Higher mortgage rates mean fewer buyers and refinancers are moving forward with transactions. The average on a 30-year loan hit 6.44%. The little-known factor that could help mortgage rates go lower A component of mortgage rates known as the spread has been falling in recent weeks after years of being elevated. If it keeps dropping, that could help send rates lower in the months ahead. Mortgage rates spike in biggest 1-week jump since April Mortgage rates rose sharply last week, a new challenge for beleaguered house hunters and potential refinancing candidates. Mortgage refinancings fall as average rates move higher Applications to refinance a mortgage fell 9% in a week, as average mortgage rates moved higher. A supply crunch means old homes are now nearly as expensive as new builds Measured on a 12-month rolling average, the premium for buying a new home over an existing one is the lowest it’s been since the 1980s. Consumers are growing more optimistic about the housing market Consumers are more confident about the housing market than they’ve been in two years. Still, most Americans think it's not a good time to buy a home.