Long-term U.S. mortgage rates fell this week for a third straight week, approaching their low points for the year. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate home loans declined to 4.10 percent from 4.14 percent last ...
Tagged with: average us mortgage rate
Read More »WASHINGTON (AP) — Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 percent ...
Tagged with: 30-year home mortgage rate
Read More »WASHINGTON (AP) — Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors said Tuesday that sales of existing homes fell 2.8 percent ...
Tagged with: Existing home sales
Read More »WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9 percent in November after a 0.6 percent increase ...
Tagged with: construction spending
Read More »WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That ...
Tagged with: mortgage rates
Read More »WASHINGTON (AP) — A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans. The Federal Reserve said Thursday that real estate values increased ...
Tagged with: home prices
Read More »Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump’s election win, reaching their highest levels this year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose ...
Tagged with: 30-year home mortgage rate
Read More »WASHINGTON (AP) — Builders broke ground on the most new homes in nine years last month, a response to strong demand that should lift the economy. Home construction soared 25.5 percent to a seasonally adjusted 1.3 million in October, the ...
Tagged with: home construction
Read More »WASHINGTON (AP) — With mortgage rates surging following the election win of Donald Trump, homebuyers may feel compelled to snap up loans before rates rocket even higher. But housing experts say consumers shouldn’t get carried away by the post-election wave. ...
Tagged with: 30-year home mortgage rate
Read More »FRANKFURT, Germany (AP) — Donald Trump’s surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated a decision for the European Central Bank, which faces a ...
Tagged with: Federal Reserve
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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
