Mortgage rates surge higher, further hurting demand

Mortgage rates rose sharply this week in their biggest jump since April, bringing the average rate for a 30-year fixed note to 6.32% as demand fell for a second straight week.

Lost Our Home’s Pet Food Bank needs donations

A local pet food bank is helping families who are struggling to feed their pets. With a surge of interest, it's looking to the public for donations. FOX 10's Dominique Newland has more about Lost Our Home’s Pet Food Bank.

Feds cut rates: What this means for home ownership

Arizona Realtor Bobby Lieb is chatting with FOX 10's Ellen McNamara after the much-awaited news of the Federal Reserve cutting rates, giving more people the possibilty of home ownership. He says, as far as buying and selling, that inventory has been the highest its been post-COVID.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.