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Reuters poll: Canada house price rises, new construction to slow

By Andrea Hopkins TORONTO (Reuters) – Canadian house price rises are expected to slow in 2015 after another strong year and homebuilding will gradually cool from elevated levels, but a property market crash still looms as a risk, according to … Continue reading

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US 30-year mortgage rates drop to 3.99 percent

WASHINGTON (AP) — Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows. Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage slipped to 3.99 percent from 4.01 percent last week. … Continue reading

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Average US 30-year loan rate slips to 4.01 pct.

WASHINGTON (AP) — Average U.S. long-term mortgage rates edged lower this week, approaching their lows for the year. The benchmark 30-year loan rate hovered near 4 percent. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage … Continue reading

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Average US 30-year loan rate up to 4.02 pct.

WASHINGTON (AP) — Average U.S. long-term mortgage rates rose this week, with the benchmark 30-year loan crawling back over 4 percent. It was the second straight week of increases in rates after they had fallen for five weeks amid concern … Continue reading

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Phoenix voters reject pension overhaul backed by billionaire

(Reuters) – Voters in Phoenix have rejected a proposal, funded in part by a hedge fund billionaire, to convert the pension system for city workers to a 401k-style retirement plan favored by most U.S. private employers. In a big victory … Continue reading

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Average US 30-year loan rate up to 3.98 pct.

WASHINGTON (AP) — Average U.S. long-term mortgage rates arrested their five-week decline this week but the benchmark 30-year loan remained below 4 percent. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.98 percent … Continue reading

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Market turmoil: A gift for mortgage refinancers?

A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans: Should I refinance my mortgage? Across the country, homeowners and would-be homeowners eager for a bargain rate fired off inquiries to lenders. The opportunity … Continue reading

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Average US 30-year mortgage rate at 3.97 percent

WASHINGTON (AP) — Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness. It was the fourth straight week of … Continue reading

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Average US 30-year mortgage rate at 3.97 percent

WASHINGTON (AP) — Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness. It was the fourth straight week of … Continue reading

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US mortgage rates down for third straight week

WASHINGTON (AP) — Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-year loan fell to 4.12 … Continue reading

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