Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its ...

Tagged with: Federal Reserve

U.S. stocks are turning slightly higher Thursday after huge gains the day before. Energy companies are rising with oil prices and health care companies, which have done far better than the rest of the stock market recently, are continuing to ...

Home Depot breezed past all expectations in the third quarter and raised its annual profit expectations again as Americans plow money into their homes, even amid hints that the housing market is cooling. Comparable-store sales, a key indicator of a ...

Tagged with: Home Depot

BY SARAH SKIDMORE SELL and STAN CHOE, AP Business Writers No matter your age, what the Federal Reserve does to interest rates will most likely affect you. The central bank raised what’s called the federal funds rate by a quarter of ...

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, has released its monthly Loan Performance Insights Report which shows that, nationally, 5.1 percent of mortgages were in some stage of delinquency (30 days or more past due including ...

Tagged with: mortgage

U.S. mortgage rates rose this week as the economy showed signs of strength, which makes it more likely that the Federal Reserve will raise its short-term rate next week. The rate on the benchmark 30-year fixed-rate mortgage rose to 3.94 ...

Tagged with: mortgage rates

  CoreLogic, a leading global property information, analytics and data-enabled solutions provider, has released its CoreLogic Home Price Index (HPI) and HPI Forecast for October 2017, which shows home prices are up both year over year and month over month. ...

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Fewer people signed contracts to buy homes in July, the fourth decline in the past five months. The decrease likely reflects the worsening shortage nationwide of homes being listed for sale. The National Association of Realtors said Thursday that its ...

Tagged with: pending home sales

By BERNARD CONDON, MEGHAN HOYER, JEFF DONN and KEN SWEET, Associated Press Houston’s population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five ...

Tagged with: Hurricane

Long-term U.S. mortgage rates were unchanged to slightly lower this week, continuing a pattern of little movement in recent weeks. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages declined to 3.90 percent from 3.93 percent last ...

Tagged with: 30-year home mortgage rate