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.
News
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).
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.
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.
