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Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

Mortgage rates are falling sharply, as investors head to the relative safe-haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent today, according to Mortgage News Daily. .....»»

Category: realestateSource: cnbcDec 6th, 2018

Mortgage applications rise 1.6% as interest rates drop to lowest level since September

December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier......»»

Category: realestateSource: cnbc6 hr. 12 min. ago

October New-Home Sales Are Hit by Sharpest Drop Since 2017

Rising mortgage rates, higher material and labor prices, as well as a tax law passed in 2017 contributed to the lackluster performance in the segment of the housing market that helps drive economic growth through construction work......»»

Category: smallbizSource: wsjNov 29th, 2018

U.S. new home sales drop to more than 2-1/2-year low

Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market......»»

Category: topSource: reutersNov 28th, 2018

Home-Price Gains Continue to Slow in September

Home-price gains slowed in September for the sixth consecutive month, another sign that rising mortgage rates are helping sap the momentum out of the housing market......»»

Category: smallbizSource: wsjNov 28th, 2018

Home Sales Suffer Largest Annual Drop in Four Years

Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability......»»

Category: smallbizSource: wsjNov 22nd, 2018

Home sales suffer largest annual drop in four years

Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability......»»

Category: topSource: moneycentralNov 21st, 2018

Home sales suffer largest annual drop in four years

Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability......»»

Category: topSource: moneycentralNov 21st, 2018

Mortgage rates tumble to lows not seen in more than a month

The 30-year fixed-rate average fell to its lowest level in seven weeks after its biggest one-week drop in nearly four years......»»

Category: topSource: washpostNov 21st, 2018

Mortgage rates tumble to lows not seen in more than a month

The 30-year fixed-rate average fell to its lowest level in seven weeks after its biggest one-week drop in nearly four years......»»

Category: topSource: washpostNov 21st, 2018

U.S. home builder sentiment posts biggest drop in 4-1/2 years

U.S. home builder sentiment recorded its steepest one-month drop in over 4-1/2 years in November as rising mortgage rates and tight home inventory squeezed the real estate sector, the National Association of Home Builders said on Monday......»»

Category: topSource: reutersNov 19th, 2018

Mortgage Delinquencies, Foreclosure Inventory Post August Declines

Mortgage delinquencies continued to drop year over year in August according to the latest report from CoreLogic. Delinquency rates have now fallen back to around pre-housing-crisis levels......»»

Category: blogSource: 247wallstNov 13th, 2018

New home sales drop 5.5% in September to near two-year low

Sales of new U.S. single-family homes fell to a near two-year low in September and data for the prior three months was revised lower, the latest indications that rising mortgage rates and higher prices were undercutting the housing market......»»

Category: realestateSource: cnbcOct 24th, 2018

U.S. new home sales drop to near two-year low in September

Sales of new U.S. single-family homes fell to a near two-year low in September and data for the prior three months was revised lower, the latest indications that rising mortgage rates and higher prices were undercutting the housing market......»»

Category: topSource: reutersOct 24th, 2018

Economic Report: Mortgage rates jump to four-month high as housing market hits a bump

Rates for home loans continued their upward march as the economy continued to heat up, but a lot of air seems to have been sucked out of the housing market......»»

Category: topSource: marketwatchSep 20th, 2018

Mortgage rates jump to four-month high as housing starts to falter - MarketWatch

Chicago TribuneMortgage rates jump to four-month high as housing starts to falterMarketWatchRates for home loans jumped in step wit.....»»

Category: topSource: googlenewsSep 20th, 2018

Economic Report: Mortgage rates seesaw higher

Rates for home loans were mixed, with the benchmark 30-year fixed-rate mortgage up just one basis point from multi-month lows, as housing sputters and the bond market reflects investor anxiety......»»

Category: topSource: marketwatchAug 30th, 2018

Economic Report: Mortgage rates hit a four-month low as housing market stagnates

Rates for home loans ticked down again even as conditions in the housing market deteriorate......»»

Category: topSource: marketwatchAug 24th, 2018

Housing demand sees biggest drop in more than 2 years

Housing demand has been very strong, but red-hot home prices, combined with higher mortgage rates, are finally taking their toll on affordability and demand. Housing demand in June fell by the biggest margin since April 2016. .....»»

Category: realestateSource: cnbcAug 7th, 2018

Mortgage applications fall for third week to lowest level in a month

CNBC's Diana Olick reports on mortgage applications falling as interest rates rise and housing prices remain high......»»

Category: realestateSource: cnbcAug 7th, 2018

Housing demand posts biggest drop in more than 2 years

Housing demand has been very strong, thanks to an improving economy, but red-hot home prices, combined with higher mortgage rates, are finally taking their toll on affordability and demand. .....»»

Category: topSource: moneycentralAug 1st, 2018