News

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.
The "lock-in effect" continues to prevent homeowners from listing their properties, because they are unwilling to part with ...
The backdrop favored the small-cap Russell 2000 index RUT, which gained 3.1% in the past week. The S&P 500 gained 0.9% and the Nasdaq Composite Index COMP rose 0.8%, while the Dow DJIA jumped 1.7% for ...
America’s once-frenzied housing market is cooling, with over56% of listings closing below the initial asking price. Amid rising inventory and weakened demand, sellers are increasingly forced to make ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
Economists generally expect the average rate on a 30-year mortgage to remain above 6% this year. Recent forecasts by ...
Earlier this week Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) released its latest 13F filing revealing Warren Buffett’s renewed interest in homebuilders. The report showed the Oracle of Omaha ...
The Bank of England now expects inflation to peak at 4% in September, according to its latest Monetary Policy Report. This is ...
The average rate for a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months, giving prospective ...
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
“Mortgage rates continue to decline,” a post on the Freddie Mac site declared. “Mortgage rates fell to their lowest level since October. Purchase application activity is improving as borrowers take ...
Rates on new 30-year loans have fallen every day this week, pushing the average to a five-month low. Other major loan types have dropped as well.