Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important ...Continue Reading →
Home mortgage rates slipped to their lowest rates on record as uncertainty over the coronavirus continued to impact financial markets. Freddie Mac reported lower average mortgage rates for fixed and adjustable-rate mortgages.
Rates for 30-year fixed-rate mortgages fell by ...Continue Reading →
Last week’s scheduled economic reporting included readings on builder confidence in housing markets, housing starts and building permits issued and sales of previously owned homes. Weekly readings on mortgage rates and first-time jobless claims were also released.
NAHB: Builder ...Continue Reading →
Last week’s economic reporting included releases on inflation, retail sales, and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released.
Inflation Hits Highest Growth Pace Since 2018
Consumer staples including rent, prepared food and medical ...Continue Reading →
Last week’s economic news included readings on construction spending and public and private-sector job growth. Weekly readings on mortgage rates and first-time jobless claims were also released.
Construction Spending Dips in December
Overall spending on public and private-sector construction ...Continue Reading →
Last week’s economic reports included readings on public and private sector jobs, the national unemployment rate and weekly readings on mortgage rates and new unemployment claims.
ADP: Private-Sector Job Growth Eases in December
Private-sector jobs increased by 202,000 jobs ...Continue Reading →