Mortgage rates moved down again, further backing away from the 8% mark it previously threatened, as the benchmark 10-year Treasury has dropped over 50 basis points in the past month. The Freddie Mac Primary Mortgage Market Survey, released a day ...
The housing market logjam appears to be breaking as falling mortgage rates during November encouraged more existing homeowners to list their property for sale, to the largest level in over a year, Redfin found. Pending home sales also rose to ...
Prospective homebuyers are apparently less patient about market conditions than six months ago, with a significant percentage no longer willing to wait for prices or interest rates to decrease, a Bank of America study found. Only 62% of likely purchasers ...
Nonbank mortgage lenders and brokers collectively shed more than 7,000 positions between August and September as they headed into seasonally weaker months, according to Bureau of Labor Statistics estimates. Job numbers in these employment categories fell to 331,300 from 338,400 ...
Another favorable Consumer Price Index report helped to drive mortgage rates down this week, with general expectations growing that the Federal Reserve will not raise rates in December. The Freddie Mac Primary Mortgage Market Survey for Nov. 16 put the ...
Actual property shares had been the largest drag on the S&P 500 Index Wednesday as merchants moved again their bets on an interest-rate lower.? The sector, which was one of many largest beneficiaries of easing charges within the fourth quarter, ...
Mortgage charges dropped 6 foundation factors from final week even because the benchmark 10-year Treasury yield hit its highest level in over a month, Freddie Mac reported. The ten-year Treasury has been on the rise since final week’s inflation report. ...
Customers grew extra optimistic about mortgage price cuts in December than at any time since 2010, Fannie Mae‘s newest survey discovered. Practically one-third or 31% of respondents have been anticipating financing prices out there to fall final month in comparison ...
Mortgage rates continued their rise, even with uncertainty around world events impacting bond prices, Freddie Mac said. Even though yields on the 10-year Treasury did back down from a high of 4.89% last Friday, prior to Hamas’ attack on Israel, ...
For the second consecutive week, mortgage charges moved up, this time by 4 foundation factors, because the awaited shopper worth index report discovered inflation working barely hotter than some anticipated, Freddie Mac discovered. The federal government-sponsored enterprise’s Major Mortgage Market ...