I've just installed VS2015 on my machine, whilst trying some of the new templates I realised that IIS Express wasn't working.
I tried a previously working MVC solution in VS2012, however this also it now not working. Before I installed VS2012, this was definitely working as I use it daily.
It will launch Internet Explorer/Edge/Chrome, but in the tab header it just says 'waiting for localhost'. I've left this for 5-10 minutes and it still fails to find it.
After reading numerous other StackOverflow quesitons, I've tried various settings changes to the application (which I can't remember all of) and deleting the IIS Express directory, but to no effect.
I also created a new blank MVC solution in VS2012 to ensure it was solution related and this is also not working.
I had a similar problem, but I was using VS2013. Uninstall IIS Express 10 and install IIS Express 8. The download is here: IIS 8.0 Express Download
I've been tearing out my hair with a similar issue basically when I create a MVC Web app in VS 2015 and then then build and run it. Eventually it opens in Browser and sometimes works (for a few minutes) then IE 11 seems to freeze and nothing happens, no errors either. I eventually found this post and I can say it seems to have worked for me also so a very big thank you. I did the following,
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