September Housing Starts: Headwinds Still Blowing
On the heels of an exceptionally and unexpectedly strong August, these steep September retreats in housing starts and permits are a reminder that builders still face considerable headwinds.
September Housing Starts: Headwinds Still Blowing
On the heels of an exceptionally and unexpectedly strong August, these steep September retreats in housing starts and permits are a reminder that builders still face considerable headwinds.
Rates Rise on Tentative Trade Optimism
It’s a pivotal moment for two major geopolitical stories, so it’s likely that more volatility for mortgage rates is on the horizon.
Weak Data, Trade Optimism Hold Rates Steady
Mortgage rates held steady over the past seven days as disappointing economic data releases were mostly offset by modest optimism surrounding trade.
Fears of Economic Downturn Dampen Mortgage Rates
Mortgage rates fell this week, as a slew of weak economic data stoked fears of an economic slowdown and pushed investors to safer assets.
Mortgage Rates Flat, But There’s a Bumpy Road Ahead
Mortgage rates held mostly flat this week, but appear primed for more volatility in the coming days as markets digest news surrounding the presidential impeachment proceedings.
August New Home Sales: A Very Strong Showing
August new home sales rose 7.1% from July and 18 percent from August 2018, to 713,000 sales (SAAR), according to the U.S. Census Bureau.
July Case-Shiller Results and August Forecast: Summer Turning Point?
Annual home price growth continued to cool in July, but more-recent data suggest the market may have begun to turn over the summer.
August Existing Home Sales: Gaining Momentum
This is what low mortgage rates look like in action: Existing home sales rose in August to their highest level since March 2018.
Mortgage Rates Climb as Fed Declines to Signal Future Hikes
Mortgage rates rose again this week and appear primed for additional modest gains following the Federal Reserve’s policy statement on Wednesday.
August Housing Starts: Touchdown!
These new numbers demonstrate that builder confidence -- which recently reached an annual high -- is translating into action.
