Tag: Mortgages
January homebuilder sentiment improves, following mortgage rate drop
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty ImagesHomebuilder sentiment improved in Januar [...]
Mortgages: Barclays and Santander cut rates as competition intensifies
The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. [...]
Home prices surge, Detroit gains beat Miami
A for sale sign hangs outside a home on the west side of Detroit, Michigan.Fabrizio Costantini | Bloomberg | Getty ImagesHome prices are rising faster [...]
November pending home sales unchanged, despite lower mortgage rates
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association o [...]
October home prices post biggest gain of 2023
SAN ANSELMO, CALIFORNIA - NOVEMBER 30: A "sale pending" sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. A [...]
Mortgage refinance demand jumps after rates drop
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, Cali [...]
2023 was least affordable homebuying year: Redfin
A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022.Elijah Nouvelage | Bloomberg | Getty ImagesThis year was the least affordable ye [...]
Mortgage refinance demand jumps as rates fall
Homes in Hercules, California, US.Bloomberg | Bloomberg | Getty ImagesAfter surging over 8% in October, mortgage rates are falling back toward 7% agai [...]
Pending home sales drop to record low
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September.They hit the lowest level since the Nation [...]
Home prices rose in September even as mortgage rates surged
A townhouse for sale in the Upper East Side neighborhood of NYC.Adam Jeffery | CNBCHigher mortgage rates appear to be doing very little to cool home p [...]
Home sales fell to a 13-year low in October as prices rose
Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million u [...]
Homebuilder sentiment drops to lowest point in a year
High mortgage rates continue to weigh on the nation's homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously o [...]
Mortgage demand at highest level in 5 weeks after interest rates fall
Potential homebuyers attend an open house in Seattle.Mike Kane | Bloomberg | Getty ImagesCurrent homeowners and potential homebuyers are responding to [...]
Cooler monthly inflation report pushes mortgage rates even lower
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, Cali [...]
Mortgage rates plunge and demand finally inches back
House for sale in Millbrae, California.Xinhua News Agency | Xinhua News Agency | Getty ImagesMortgage rates saw the biggest one-week drop in over a ye [...]