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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

Weekly mortgage refinances jump 10% as rates drop to the lowest level since August

An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money on their monthly payments......»»

Category: realestateSource: cnbcOct 9th, 2019

Market sell-off is causing unexpected turnaround in mortgage rates

CNBC's Diana Olick reports on how the recent market sell-off is impacting the housing markets......»»

Category: realestateSource: cnbcOct 3rd, 2019

U.S. new home sales drop sharply, point to more housing weakness

Sales of new U.S. single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labor market......»»

Category: topSource: reutersAug 23rd, 2019

Despite Record Low Rates, Housing Starts Plunge Amid Rental Unit Crash

Despite the hype of tumbling interest rates and rising mortgage applications, housing starts tumbled again in May, dropping a whopping 4.0% MoM in July to 1.191MM, the biggest drop and the lowest print since February, drastical.....»»

Category: blogSource: zerohedgeAug 16th, 2019

Lower rates already hit housing, and they"re not helping much

Cheaper mortgages are usually a boon to the housing market. But this year, a sharp drop in mortgage rates hasn’t provided much of a lift, and that could bode poorly for the Federal Reserve’s ef.....»»

Category: topSource: moneycentralAug 1st, 2019

Lower rates already hit housing, and they"re not helping much

Cheaper mortgages are usually a boon to the housing market. But this year, a sharp drop in mortgage rates hasn’t provided much of a lift, and that could bode poorly for the Federal Reserve’s ef.....»»

Category: topSource: moneycentralAug 1st, 2019

Pending home sales beat expectations, thanks to lower mortgage rates

The recent weakness in the housing market could be turning around, thanks to a steep drop in mortgage interest rates. Consumers signed more contracts to buy existing homes than expected in June......»»

Category: realestateSource: cnbcJul 30th, 2019

Weekly mortgage applications drop as rates rise and homebuyers pull back

Mortgage interest rates surged last week to their highest level in a month, and consequently homebuyers turned on their heels......»»

Category: realestateSource: cnbcJul 17th, 2019

Economic Report: Mortgage rates slump to 2-month lows amid market turmoil

Rates for home loans fell, a boon for buyers in a brightening housing market......»»

Category: topSource: marketwatchMay 16th, 2019

Weekly mortgage applications drop 4.3%, despite lower interest rates

It may be the heart of the spring housing season, but the mortgage market isn't seeing big business......»»

Category: realestateSource: cnbcMay 1st, 2019

Weekly mortgage applications drop 4.3%, despite lower interest rates

It may be the heart of the spring housing season, but the mortgage market isn't seeing big business......»»

Category: topSource: moneycentralMay 1st, 2019

U.S. new home sales rise to 11-month high in February

Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market......»»

Category: topSource: reutersMar 29th, 2019

New home sales rise to 11-month high in February

Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market......»»

Category: realestateSource: cnbcMar 29th, 2019

Lower mortgages bring more home buyers: Redfin CEO

Redfin CEO Glenn Kelman joins CNBC's "Power Lunch" to discuss the health of the housing market as mortgage rates see their biggest weekly drop in a decade......»»

Category: realestateSource: cnbcMar 28th, 2019

Mortgage rates see big drop ahead of busy spring housing market

Outlook for mortgage rates.....»»

Category: topSource: moneycentralMar 28th, 2019

Pending home sales drop despite lower mortgage rates

The supply of homes for sale has been rising steadily, up just over 3 percent in February compared with a year ago. Home prices are still rising, but the gains have been shrinking each month for nearly a year......»»

Category: topSource: moneycentralMar 28th, 2019

Pending home sales drop despite lower mortgage rates

The supply of homes for sale has been rising steadily, up just over 3 percent in February compared with a year ago. Home prices are still rising, but the gains have been shrinking each month for nearly a year......»»

Category: topSource: moneycentralMar 28th, 2019

Economic Report: Mortgage rates slide to 13-month low, luring Americans back into the housing market

Rates for home loans fell, pushing mortgage applications higher, in a reminder that economic growth is just tepid enough to allow some home buyers to catch a break......»»

Category: topSource: marketwatchMar 21st, 2019

Economic Report: Housing starts drop 3.7% in April but stick near 11-year high

Construction on new houses dropped 3.7% in April, but it’s no big deal. Housing starts hit an 11-year high in March. The bigger danger is rising mortgage rates......»»

Category: topSource: marketwatchMay 16th, 2018

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, GE)

Reuters/KCNAHere is what you need to know. Housing affordability in America is at its worst in nearly a decade, and there's one clear culprit. Mortgage rates hit their highest level in seven years last month, and the nati.....»»

Category: topSource: businessinsiderJun 21st, 2018