Polar Vortex, Shutdown Should Temper Mortgage Rate Response to January Data
For the third week in a row, mortgage rates ended the week roughly where they began it, near their lowest levels since March 2018.
News
Amazon’s Exit From New York Most Likely to be Felt By Early Long Island Investors
Amazon’s announcement that it will not build a new headquarters in Long Island City is expected to impact not only the local housing market, but also D.C. and Nashville.
November New Home Sales: Setting Up for a Weak End to 2018
November new home sales rose 16.7 percent from October, to 657,000 units (SAAR), according to the U.S. Census Bureau.
Annual U.S. home value growth in December was a bit faster than a year ago. But year-over-year growth was slower in 19 of the 35 largest local markets.
Rates Clock-In at Two-Week High Following Strong Jobs Data
Propelled upward by stellar jobs data, more cautious forward-looking statements from Federal Reserve officials and easing trade fears, rates reached their highest point in two weeks.
New Year, Same Trend: Mortgage Rates Down Again This Week
Mortgage rates slumped lower this week, beginning the year at their lowest levels in more than four months.
Notable Numbers: December 2018
A robust new analysis shows there are two rental thresholds correlated with homelessness -- and more figures published at Zillow Research in December 2018.
December Fed Rate Hike: Recalibrating Expectations
The U.S. Federal Reserve raised its benchmark interest rate by a quarter-point, to a target range of 2.25 percent to 2.5 percent.
November Existing Home Sales: Signs of Life
November existing home sales rose 1.9 percent from October to 5.32 million sales, according to the National Association of Realtors.
November Housing Starts: Canary in the Coal Mine?
November housing starts rose 3.2 percent from October but were down 3.6 percent from a year ago, according to the Census Bureau.
