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Record high prices, rising mortgage rates depress US home sales
Reuters via Yahoo Finance· 6 hours agoU.S. existing home sales fell for a third straight month in May as record-high prices and a...
Mortgage rates today, June 21, 2024: Both rates and housing prices decrease
Yahoo Personal Finance· 11 hours agoThese are today's mortgage rates. Rates have inched down. Between lower rates and housing prices, it...
US existing home sales fall in May as prices hit record high, mortgage rates rise
Reuters· 6 hours agoHome sales dropped 0.7% last month to a seasonally adjusted annual rate of 4.11 million units, the...
Millennials are hungry for homes, but high rates are keeping them from buying
Denver Post· 5 hours agoBut inflation has remained more persistent than expected, and forecasts are now down to one or two...
High Mortgage Rates Take a Bigger Bite Out of Home Building. But There Is a Bright Spot.
Barrons.com· 1 day agoThe average rate on a fixed 30-year home loan was 6.87% this week, according to Freddie Mac, the...
Don't expect a ‘ramp up’: Fannie Mae trims estimates for home sales, origination volume -...
HousingWire· 6 hours ago“Unfortunately, we’re still not forecasting a ramp-up in housing activity, which will require some...
Refi Rates Hold Steady Below 7% After Fed Meeting. Today's Refi Rates for June 20, 2024
CNET· 1 day agoLower mortgage rates make buying a home more affordable. Experts recommend shopping around with...
Home Prices Hit Record as Sales Slide. They’re Not Unrelated.
Barrons.com· 6 hours agoThe consensus forecast as tracked by FactSet was for sales to drop to a rate of 4.07 million. The...
Builder Sentiment Dips in June Amid High Mortgage Rates
Zacks via Yahoo Finance· 1 day agoFed officials increased their forecast for rate cuts in 2025, now expecting a median of four...
Mortgage rates fall to their lowest level in almost three months
CNN Business via Yahoo Finance· 1 day agoThe Fed doesn’t directly set mortgage rates but its actions do influence them through the benchmark...