Sentiment rose due to confidence in job security and expectations for mortgage rates to fall.
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Category: mortgage rates
U.S. Mortgage Demand Jumps 10% as Rates Fall Across the Board
The average contract rate for the 30-year mortgage for homes sold for $726,200 or less was 6.75% for the week ending January 12.
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U.S. Mortgage Refinance Demand Surges by Nearly 20% After Holiday Period
Mortgage applications jumped as U.S. home buyers played “catch-up” after the holiday seasons, despite rates edging higher.
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Housing Sentiment Jumps as Nearly a Third of Americans Believe Mortgage Rates Will Fall in the Coming Year
A “survey-high share of consumers” are expecting rates to drop over the next year, Fannie Mae says.
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Mortgage Rates Have Dropped Quickly: How Low Will They Go in 2024?
Mortgage rates fell rapidly late last year. Aspiring homebuyers want to know how much lower they will go this year.
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U.S. New-Homes Sales Plunge in November
U.S. new-home sales fell 12.2% to an annual rate of 590,000 in November, from a revised 672,000 in the prior month.
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Latest Home Sales Data Offers Hope: Is America’s Housing Market Finally Looking Up?
Has the housing market finally turned a corner to end the year looking merry and bright? A new report on home sales suggests so.
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It’s Time for a Tax Credit for Home Sellers To Prod Owners To List Their Houses, Realtors Say
Temporary credit would help address the U.S. housing market’s lack of inventory, according to big lobbying group.
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Home Sales Fell to a New 13-Year Low in October
Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.
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U.S. Housing Starts Rise ‘Unexpectedly’ for the Second Straight Month
Housing starts rose to a 1.37 million annual pace from 1.35 million in October, the government said Friday.
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