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U.S. mortgage rates rose for the third straight week, adding pressure to homebuyers already struggling with expensive borrowing conditions. Freddie Mac reported Thursday that the average 30-year fixed mortgage rate increased to  6.26% for the week ending November 20, up slightly from 6.24% the previous week. Despite the uptick, Sam Khater, Freddie Mac’s chief economist, said the recent trend actually reflects a healthier environment for both buyers and sellers. “Mortgage rate

The U.S. housing market is showing clear signs of cooling. According to newly released data from Zillow,  53% of homes nationwide saw their estimated value decline over the past year as of October 2025  — the highest share of depreciating properties since the tail end of the 2012 housing crash. In simple terms,  one out of every two homes in America is now losing value . Despite easing inflation and rising wages, persistently high interest rates continue to weigh heavily on b

The federal Liberal government, led by Mark Carney, reiterated its commitment in last week’s budget to reduce the number of temporary residents in the coming years. However, experts are warning that this move may come at the cost of Canada’s economic growth. Temporary Residents Targeted for Reduction by 2027 According to the  Toronto Star , the government aims to lower the share of temporary residents in Canada’s total population from  about 7.5% at the end of 2024 to 5% , th