Home » Posts Tagged "Loans"

Loans Stories

Average long-term US mortgage rate falls fifth straight week

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for the fifth straight week amid volatility in world financial markets. Mortgage buyer Freddie Mac says the average rate on a 30-year fixed-rate mortgage slid to 3.72 percent this week, down … Continue reading

Filed under Financial | Tagged |

US home prices strengthened in November

Washington (AFP) – US home price gains picked up in November with the market still supported by cheap credit and tight supplies, according to the S&P/Case-Shiller index released Tuesday. The index for 20 leading urban areas showed a 0.9 percent … Continue reading

Filed under Financial | Tagged |

Home prices up in November at fastest rate since July 2014

NEW YORK (Reuters) – Annualized U.S. single-family home prices rose more than expected in November and at the fastest pace in 16 months, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas rose … Continue reading

Filed under Financial | Tagged |

Strong U.S. housing data offers ray of hope for slowing economy

By Lucia Mutikani WASHINGTON (Reuters) – U.S. home resales rebounded strongly in December from a 19-month low and prices surged, indicating the housing market recovery remained intact despite signs of a sharp deceleration in economic growth in recent months. The … Continue reading

Filed under Financial | Tagged |

Average US rate on 30-year mortgage falls to 3.81 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for a third straight week as global stock markets continued to be pounded by falling oil prices and worries over economic growth. Mortgage buyer Freddie Mac said Thursday the … Continue reading

Filed under Financial | Tagged |

Economists see more growth for US economy, housing in ’16

LAS VEGAS (AP) — A robust U.S. economy and job market, plus low mortgage rates, should help keep the recovery in the new-home market going at a modest pace this year, but a return to pre-housing boom sales and construction … Continue reading

Filed under Financial | Tagged |

Average US rate on 30-year mortgage falls to 3.92 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week amid continued turbulence in global stock markets. It was the second straight weekly decline for the rate on the key 30-year loan. Mortgage buyer Freddie Mac said Thursday the … Continue reading

Filed under Financial | Tagged |

Amateur landlords under attack as British home ownership falls

By David Milliken LONDON (Reuters) – They have pocketed some of the most lucrative returns available to investors in recent decades and been a staple of newspapers’ personal finance pages, but tougher times now lie ahead for Britain’s army of … Continue reading

Filed under Financial | Tagged |

Average US rate on 30-year mortgage slips to 3.97 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates were mixed this week, with the key 30-year rate slipping back under the 4 percent mark. Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage declined to … Continue reading

Filed under Financial | Tagged |

US home prices climb in October, helped by solid job market

WASHINGTON (AP) — Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.5 percent in the 12 months ending in October, up from … Continue reading

Filed under Financial | Tagged |