Mortgage Rates Rise as Coronavirus Picture Clears
Mortgage rates rose over the past seven days, riding encouraging economic data and a clearer picture of the coronavirus’ impact on global commerce.
Mortgage Rates Rise as Coronavirus Picture Clears
Mortgage rates rose over the past seven days, riding encouraging economic data and a clearer picture of the coronavirus’ impact on global commerce.
Coronavirus Fears Drive Mortgage Rates Lower
Mortgage rates fell over the past week, heavily influenced by growing global fears surrounding the ongoing coronavirus outbreak.
November Case-Shiller Results and December Forecast: Primed for an Upswing
The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.5% year-over-year in November (non-seasonally adjusted), up from 3.2% in October.
December New Home Sales: A Disappointing Stumble
After a string of blockbuster reports, December's new home sales data was a disappointing stumble right at the finish line of what was otherwise a very strong year.
Mortgage Rates Hold Steady Near 3-Month Lows
Mortgage rates continued to hold in the narrow range where they’ve existed for all of 2020 thus far, near their lowest levels in three months.
December Existing Home Sales: Saving the Best for Last
December existing home sales rose 3.6% from November and 10.8% from a year ago, to 5.54 million -- the highest level of 2019.
December Housing Starts: Capping Off the Best Year Since 2007
December housing starts rose 16.9 percent from November and 40.8 percent from a year ago, to slightly more than 1.6 million (SAAR) -- the highest level since December 2006.
Mortgage Rates Largely Shrug Off Jobs Report, Trade News
Mortgage rates stayed within a narrow range and ended the week slightly lower, largely unmoved by significant economic data releases and major geopolitical headlines.
Mortgage Rates Driven Almost Entirely by U.S./Iran Tensions
Mortgage rates fell to their lowest levels in a month this week before recovering slightly, driven down by increased tensions between the U.S. and Iran.
October Case-Shiller Results and November Forecast: Primed for Reacceleration
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 3.3% year-over-year in October (non-seasonally adjusted), up from 3.2% in September.
