Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability ...
Tag: Housing Market
Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage ...
August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by ...
Paying More for Less: Home Sizes Shrink As Costs Go Up
It’s no secret that home affordability across the country has been an ongoing issue for years. Many are left wondering ...
10 Things to Know About the Mortgage and Housing Markets Right Now
Homebuyers are increasingly stretched to buy a home, and some existing homeowners are feeling the pressure of higher homeownership costs ...
Consumer Sentiment Rises for the First Time in Five Months
After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered ...
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down ...
Consumer Confidence Up Slightly in August Due to Economy and Inflation
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next ...
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
Economic Index Drops, but Recession Isn’t Predicted by the Results
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
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