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Average US rate on 30-year mortgage drops to 3.75 percent

WASHINGTON (AP) — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year, fixed-rate mortgage … Continue reading

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Average US rate on 30-year mortgage rises to 3.80 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage … Continue reading

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US new home sales fall slightly in January

WASHINGTON (AP) — Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market. The Commerce Department said Wednesday that new home sales … Continue reading

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Strong jobs market to spur U.S. housing in 2015: Reuters poll

By Lucia Mutikani WASHINGTON (Reuters) – U.S. housing is set to gain steam this year as a strengthening jobs market offsets the drag from an expected increase in mortgage rates, a Reuters poll showed on Tuesday. Housing activity has been … Continue reading

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Strong jobs market to spur U.S. housing in 2015: Reuters poll

By Lucia Mutikani WASHINGTON (Reuters) – U.S. housing is set to gain steam this year as a strengthening jobs market offsets the drag from an expected increase in mortgage rates, a Reuters poll showed on Tuesday. Housing activity has been … Continue reading

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Average US rate on 30-year mortgage rises to 3.76 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage jumped to 3.76 percent from 3.69 … Continue reading

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Average US rate on 30-year mortgage rises to 3.69 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week yet remained near historically low levels. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage jumped to 3.69 percent from 3.59 percent last week. The … Continue reading

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Average US rate on 30-year mortgage falls to 3.59 pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels. Mortgage company Freddie Mac said Thursday that the nationwide average for … Continue reading

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Average US rate on 30-year mortgage rises to 3.66 pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage edged up to … Continue reading

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US pending home sales tumble in December

WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market. The National Association of Realtors said Thursday that its seasonally adjusted pending home … Continue reading

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