US long-term mortgage rates slip; 30-year average at 4.06%

Business 05/23/19, 09:47

U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season.Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage slipped to 4.06% from ...

US new-home sales climbed 4.5% in March

Business 04/23/19, 09:17

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.The Commerce Department said Tuesday that ...

US long-term mortgage rates rise; 30-year at 4.12%

Business 04/11/19, 09:46

U.S. long-term mortgage rates rose moderately this week, remaining at historically low levels that can lure potential purchasers in the spring homebuying season.Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage increased to 4.12% from 4.08% ...

US new-home sales increased 4.9 percent in February

Business 03/29/19, 09:17

Sales of new U.S. homes climbed 4.9 percent in February, an indication that falling mortgage rates have given a boost to demand from buyers.The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 667,000 ...

US housing starts slumped 8.7 percent in February

Business 03/26/19, 07:41

The number of homes under construction fell 8.7 percent in February, as ground breakings for single-family houses plunged to their lowest level in nearly two years.The Commerce Department said that builders started construction at a seasonally adjusted annual rate of ...

US average mortgage rates fall; 30-year at 4.28 percent

Business 03/21/19, 10:44

U.S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens.Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage declined to 4.28 percent from 4.31 percent the ...

US new-home sales fell 6.9 percent in January

Business 03/14/19, 09:07

Sales of new U.S. homes slumped 6.9 percent in January, a possible sign that buyers paused during the government shutdown.The Commerce Department says that new homes sold at a seasonally adjusted annual rate of 607,000 in January, down from 652,000 ...

US mortgage rates mostly held steady this week

Business 02/28/19, 14:47

U.S. long-term mortgage rates were unchanged this week, possibly helping affordability as home borrowing costs have been steadily declining since early November.Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage held at 4.35 percent for ...

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