Sales of new homes rise as mortgage rates pull back

Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. .....»»

As expectations for stronger inflation have lifted Treasury yields, the mortgage market has been impacted with rates going back above 3% and climbing. Model homes and for sale signs line the streets as construction continues at a hou.....»»

Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, despite sky high prices......»»

More Americans signed contracts to buy homes in August, signaling that low mortgage rates may spark a sustained turnaround for the housing market. .....»»

Sales of new U.S. homes have zig-zagged from months, but they appear to be on the rise again with mortgage rates falling to multiyear lows......»»

Sales of new U.S. single-family homes rebounded sharply in June, but sales for the prior three months were revised down, indicating that the housing market continued to tread water despite lower mortgage rates and a strong labor market......»»

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

Sales of new U.S. single-family homes jumped to a near 1½-year high in March, boosted by lower mortgage rates and house prices......»»

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......»»

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......»»

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 sapping demand for housing......»»

While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer......»»

While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer......»»

More Americans signed contracts to buy homes in January as lower mortgage rates gave the real estate market a boost. The National Association of Realtors (NAR) said Wednesday its.....»»

U.S. stock-index futures on Monday indicate a mixed start for the week, following losses for all three major benchmarks last week as investors weigh brightening economic prospects against worries that interest rates will climb sooner than anticipated......»»

Demand for mortgages used to purchase homes fell by 35% in mid-April, but has started to make a rebound......»»

February home sales were brisk as buyers took advantage of low mortgage rates, but that trend could change as rates rise and the cor.....»»

Contracts to buy previously owned U.S. homes rebounded in January to their second-highest monthly figure in about two years as low mortgage rates boosted sales......»»

U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018......»»

U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018......»»