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U.S. existing home sales, economic activity gauge rise

WASHINGTON (Reuters) – U.S. home resales rebounded in December, but continued low participation by first-time buyers in the market suggested the housing recovery would remain gradual for now. The National Association of Realtors said on Friday existing home sales increased … Continue reading

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Average rate on 30-year mortgage falls to 3.63 pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are … Continue reading

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Average rate on 30-year mortgage falls to 3.66 pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are … Continue reading

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U.S. mortgage applications surge; 30-year rate below 4 percent: MBA

NEW YORK (Reuters) – Applications for U.S. home mortgages surged by the most in more than six years last week as 30-year mortgage rates dropped below 4 percent for the first time since May 2013 on the back of falling … Continue reading

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Canadian home prices fall for second month in a row: Teranet

TORONTO (Reuters) – Canadian home prices fell in December from a month earlier, their second consecutive monthly decline, the Teranet-National Bank Composite House Price Index showed on Wednesday. The index, which measures price changes for repeat sales of single-family homes, … Continue reading

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US mortgage rates hit new lows; not a lot more buyers biting

WASHINGTON (AP) — Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013. The ongoing decline in mortgage rates would appear to be a boon for … Continue reading

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Average US 30-year mortgage rate edges up to 3.87%

WASHINGTON (AP) — Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent this … Continue reading

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Average US 30-year loan rate falls to 3.80 percent

WASHINGTON (AP) — Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year. The rates’ historically low levels could be a boon to potential homebuyers. Mortgage company Freddie Mac … Continue reading

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Average US 30-year loan rate rises to 3.93 percent

WASHINGTON (AP) — Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers. Mortgage company Freddie Mac said Thursday that the nationwide average for … Continue reading

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Average US 30-year loan rate rises to 3.93 percent

WASHINGTON (AP) — Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers. Mortgage company Freddie Mac said Thursday that the nationwide average for … Continue reading

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