Real State

Housing Market Slump: 2024 Home Sales Fall to Nearly 30-Year Low

Housing Market Slump: 2024 Home Sales Fall to Nearly 30-Year Low/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. home sales in 2024 fell to their lowest levels since 1995, with…

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U.S. 30-Year Mortgage Rate Rises for Sixth Consecutive Week

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U.S. Home Sales Hit 14-Year Low in September as Market Slows

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

August 22, 2024

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months, welcome relief for home shoppers navigating a housing market that remains out of…

US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on market

August 22, 2024

Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales…

Looking to buy a home? You may now need to factor in cost of your agent’s commission

August 16, 2024

Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller will cover the cost of your…

Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year

August 16, 2024

The average rate on a 30-year mortgage edged higher this week, holding close to its lowest level in more than a year. The rate rose to 6.49% from 6.47% last…

Homeowners race to refinance as mortgage rates retreat from 23-year highs

August 9, 2024

A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments. The Mortgage Bankers Association’s refinance index, which tracks home loan…

Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year

August 9, 2024

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking…

Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February

August 1, 2024

The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices. The rate fell…

US home sales fell in June amid rising mortgage rates, home prices

July 23, 2024

The nation’s housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of…

Average rate on a 30-year mortgage climbs for 1st time since May to 6.95%

July 3, 2024

The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May. The rate rose to 6.95%…

Average long-term US mortgage rate falls again, easing to lowest level since April

June 20, 2024

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April. The rate fell to 6.87% from…

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