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.
News
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.
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.
People Start Living Alone Later – and Rising College Attendance Is Not the Cause
In 1980, most adults from age 23 onwards lived independently, without family or roommates. By 2017, this tipping point age had increased to 26.
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.
December Case-Shiller Results and January Forecast: Slowing home price gains
As the start of the busy home shopping season looms, someone squinting at the market might be able to find signs of both normalcy and balance as the market continues to cool off after a years-long sizzle.
January Existing Home Sales: Another Disappointment, But Spring is Coming
Existing home sales fell 1.2 percent in January from December, and were down 8.5 percent from a year ago to 4.94 million sales (SAAR).
