Mortgage Rates Continue to Track U.S.-China Talks
Mortgage rates fell this week, reversing a gradual upward trend to reach their lowest levels in two weeks.
Mortgage Rates Continue to Track U.S.-China Talks
Mortgage rates fell this week, reversing a gradual upward trend to reach their lowest levels in two weeks.
October Housing Starts: Robust Rebound
Today’s release was more evidence of how resilient the home construction industry is in the face of persistent constraints.
Mortgage Rates Rebound on Positive Trade Developments
Mortgage rates rose over the last week, surging higher on positive trade developments before retreating slightly in recent days.
U.S.-China Roller Coaster Sends Mortgage Rates Way Down, Then Way Up
It’s been a tumultuous seven days, with mortgage rates ultimately settling near three-month highs. Once again, the driving force behind these movements were trade discussions between the U.S. and China.
Mortgage Rates Rise on Brexit and Trade News, But Gains Could Be Short-Lived
Mortgage rates rose to three-month highs this week on encouraging geopolitical developments, but will likely be drawn back after the Federal Reserve’s third rate cut of 2019.
August Case-Shiller Results and September Forecast: Stabilizing, not Swooning
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 3.2% year-over-year in August (non-seasonally adjusted), up from 3.1% in July.
September New Home Sales: Continued Strength
September new home sales were down 0.7% from August, to 701,000 units (SAAR). Sales were up more than 15% from a year ago.
Brexit Progress Pushes Rates to Highest Levels in a Month
Mortgage rates rose this week as progress surrounding the Brexit negotiations helped push rates to their highest levels in over a month.
September Existing Home Sales: Back Down to Earth
There simply are not enough lower-priced homes to keep the market humming. While builders are putting up more homes, their pace is not keeping up with what buyers demand.
