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Homebuilders are not getting a bump from lower mortgage rates

Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. .....»»

Category: realestateSource: cnbcDec 13th, 2018

Homebuilders haven"t been this optimistic since early 2018

Home builders are gung-ho again thanks to dramatically lower mortgage rates. A survey of home-builder sentiment surged in October to a 20-month high......»»

Category: topSource: moneycentralOct 16th, 2019

Homebuilders haven"t been this optimistic since early 2018

Home builders are gung-ho again thanks to dramatically lower mortgage rates. A survey of home-builder sentiment surged in October to a 20-month high......»»

Category: topSource: moneycentralOct 16th, 2019

Homebuilder Sentiment Slips For First Time In 2019

For the first time in 2019, sentiment among US homebuilders dropped in June signaling that lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers. The headline .....»»

Category: blogSource: zerohedgeJun 17th, 2019

KB Homes Analysts React To Q1 Earnings Beat, Revenue Miss, Note Interest Rate Effect

With lower mortgage rates giving homebuilders optimism about growth, sell-side analysts are easing into more bullish territory on KB Home (NYSE: KBH) despite a mixed earnings report this week.  Latest Ratings for KBH Date.....»»

Category: blogSource: benzingaMar 27th, 2019

KB Homes Analysts React To Q1 Earnings Beat, Revenue Miss, Note Interest Rate Effect

With lower mortgage rates giving homebuilders optimism about growth, sell-side analysts are easing into mo.....»»

Category: earningsSource: benzingaMar 27th, 2019

US Homebuilder Sentiment Tops Forecasts

The sentiment among US homebuilders rose in February for a 2nd month runnning exceeded all forecasts, as lower mortgage rates and a strong labor market help stabilize demand. The National Association of Hom.....»»

Category: topSource: livetradingnewsFeb 19th, 2019

Mortgage rates moved lower once again, but don’t expect them to stay down for long

Even though the 30-year fixed-rate average has remained below 3 percent for the past month, the days of low rates appear to be coming to a close......»»

Category: topSource: washpostMay 13th, 2021

Valley homebuyers race to lock in deals as mortgage rates inch up amid nation"s biggest price bump

Once again Phoenix led the nation in home price growth, but rising mortgage interest rates are throwing a monkey wrench into homebuyers' attempts to lock in on a good deal. Here's what the experts are seeing......»»

Category: topSource: bizjournalsMar 30th, 2021

Mortgage rates drift lower as investors worry about pandemic

The 30-year fixed-rate average fell for the second consecutive week, dipping to 2.73 percent......»»

Category: topSource: washpostJan 28th, 2021

: Mortgage rates break a rising trend and edge lower — as Biden administration pushes $1.9-trillion stimulus

There’s one reason why Americans shouldn’t necessarily fear higher rate......»»

Category: topSource: marketwatchJan 22nd, 2021

Mortgage rates dip as investors await actions of new administration

The 30-year fixed-rate average moved slightly lower to 2.77 percent. Traders are watching to see what actions President Biden takes to address the pandemic......»»

Category: topSource: washpostJan 21st, 2021

Mortgage rates sink to all-time lows and may be headed lower

The 30-year fixed-rate average fell to 3.23 percent, its lowest level in the 49-year history of Freddie Mac's survey......»»

Category: topSource: washpostApr 30th, 2020

Mortgage rates almost drop to another record low — here’s why a housing market slowdown won’t push them lower

The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates......»»

Category: topSource: marketwatchApr 16th, 2020

Mortgage rates almost drop to another record low — here’s why a housing market slowdown won’t necessarily push them lower

The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates......»»

Category: topSource: marketwatchApr 16th, 2020

Refinancing my mortgage for a lower rate wasn"t exactly easy, but it was worth it — I"m going to save $42,000 over the life of the loan

Roberto Westbrook/Getty Images   My wife and I started shopping to refinance our mortgage when fears about COVID-19 were driving mortgage rates lower, just before the Federal Reserve cut interest rates. We didn't know if we could refina.....»»

Category: worldSource: nytApr 4th, 2020

Mortgage rates likely to fall again after the Fed"s latest dramatic response to coronavirus

The Federal Reserve announced it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week......»»

Category: realestateSource: cnbcMar 15th, 2020

Mortgage refinance applications spike 79% as homeowners rush to take advantage of lower rates

Another major drop in mortgage rates caused a massive jump in borrowers applying to refinance their home loans. The surge sent total mortgage application volume up 55.4% last week, according to the Mortgage Bankers Association......»»

Category: realestateSource: cnbcMar 12th, 2020

Mortgage rates could be even lower, but lenders are struggling to keep up with demand

A sharp drop in mortgage interest rates has sparked a sudden and unexpected refinance boom that has lenders large and small scrambling to handle the volume......»»

Category: realestateSource: cnbcMar 10th, 2020

"It"s Utter Mayhem" - US Mortgage Rates Plunge To Record Low

"It's Utter Mayhem" - US Mortgage Rates Plunge To Record Low Rates for 30-year US mortgages plunged to a record low on Thursday, forced lower by Covid-19 fears as the US economy c.....»»

Category: blogSource: zerohedgeMar 6th, 2020

Housing to get a jolt with virus pushing mortgage rates lower

The U.S. housing market is set for its strongest spring since before the financial crisis as coronavirus sends mortgage rates lower amid the global rush for safe assets. The Treasury yields that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020