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. .....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
Mortgage rates see big drop ahead of busy spring housing market
Outlook for mortgage rates.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»