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This week’s economic data is all about housing, with reports on homebuilder sentiment, housing starts, and existing home sales set to provide key insights into market conditions. While ...
Mortgage rates dropped this week after consumer confidence turned sharply negative, raising new fears about an economic slowdown. The average 30-year mortgage rate fell to 6.76%, for the week ...
Interest rate choppiness isn’t good news for a housing market that’s been nearly frozen for the better part of two years. Listings and contract activity improved in September, but the uptick ...
The Federal Reserve delivered a cautionary update this week, indicating fewer anticipated interest rate cuts than previously expected, which could extend the current high cost of borrowing for ...
Mortgage rates dropped again this week, spurring more potential homebuyers to submit applications as the 2024 buying season wanes. The average 30-year mortgage rate fell to 6.69%, from 6.81% a ...
Mortgage rates rose this week to the highest level since May 2024 during a period of market volatility. Mortgage rates top 7%, hitting 7-month high. But relief may be in sight.