Mortgage applications rise for the first time in six weeks, even with rates rising to 6.25%
admin The numbers: Home shoppers are fed up waiting for the economy to turn, and with…
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U.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to…
Read More‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
The mortgage industry is struggling with higher rates and a sharp drop in buyer demand.…
Read MoreMortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing…
Read MoreMortgage rates rise amid signs of ‘waning demand’ for homes
The 30-year fixed-rate mortgage averaged 5.55% as of Aug. 25, according to data released Thursday…
Read MoreU.S. pending home sales slip again in July as market cools, but mortgage rates show signs of stabilizing
The numbers: U.S. pending-home sales fell in July by 1% , according to the monthly…
Read MoreHome builders see ‘housing recession’ as builder sentiment index drops further in August
The numbers: The National Association of Home Builders’ monthly confidence index fell 6 points to…
Read MoreMortgage rates tick back above 5%, another challenge for first-time home buyers
The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by…
Read MoreMortgage rates tick back above 5%, another challenge for first-time home buyers
The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by…
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Home values fell in August, the largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to…
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