The pace of the summer housing market has slowed to a crawl amid a growing buyer wariness fueled by economic concerns.

The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.

A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.

A new survey finds millennials are more likely to buy a home in the next six months, even as most Americans remain on the sidelines by mortgage rates hovering near 7% and the persistent “lock-in” ...

Thanks to Federal Reserve policy, data on single-family construction is not improving — in fact, it is getting worse.

With the start of the new fiscal year July 1, water and sewer rates have gone up in Madison Heights and other communities across Michigan.

Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.

But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep ...

There would be huge implications for the economy if President Donald Trump fires Federal Reserve Chair Jerome Powell.

U.S. single-family homebuilding dropped to an 11-month low in June due to high mortgage rates and economic uncertainty. The ...

President Donald Trump accused the Federal Reserve under Chairman Jerome Powell of "choking out the housing market" in his ...