Archived Newsfeed August 2019
Pending home sales fell 2.5% in July month to month and were 0.3% lower compared with July 2018, according to the National Association of Realtors.
A small tick higher in mortgage rates caused the sudden surge in refinances to retreat just as quickly.
Did you know that asphalt paving can boost your home's worth significantly?
Moving is not just about packing up all your belongings and choosing the right place to live.
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.
Home building in the U.S. fell for a third straight month, showing that rising labor and material costs continue to dent the pace of home construction.
The nation's homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes.
Another sharp drop in mortgage rates sent even more homeowners to their lenders, hoping to save money on their monthly payments.
8-12-19 Mortgage Rates Fall Sharply as Trade Concerns Mount—but Many Would-Be Borrowers Are Likely to Miss Out
The 30-year fixed-rate mortgage averaged 3.6% during the week ending Aug. 8, down 15 basis points from the previous week, Freddie Mac reported Thursday.
Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance.
Falling mortgage rates and strong employment drove consumer confidence in housing to a record high in July, according to a monthly index from Fannie Mae.
Escalating tensions over a trade war with China sent investors rushing to the relative safety of the bond market late last week.
Louisville is one of five U.S. cities to be named a “boomtown” according to the Yelp Economic Average, which tracks U.S. economies in top metro areas.