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US existing home sales fall in May as prices hit record high, mortgage rates rise
AOL· 1 day agoHome sales dropped 0.7% last month to a seasonally adjusted annual rate of 4.11 million units, the National Association of Realtors said on Friday. Economists polled by Reuters ...
Record high prices, rising mortgage rates dampen US home sales
Reuters via AOL· 23 hours agoWASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high...
High Mortgage Rates Take a Bigger Bite Out of Home Building. But There Is a Bright Spot.
Barrons.com· 2 days agoThe average rate on a fixed 30-year home loan was 6.87% this week, according to Freddie Mac, the...
US Existing Home Sales Fall in May as Prices Hit Record High, Mortgage Rates Rise
US News & World Report· 23 hours agoHome sales dropped 0.7% last month to a seasonally adjusted annual rate of 4.11 million units, the National Association of Realtors said on Friday. Economists polled by Reuters ...
UK interest rates: Bank of England announces interest rate decision after fall in inflation
The Independent via Yahoo News· 1 day agoIf you’re a saver, the savings rate tells you how much money will be paid into your account, as a...
NatWest cuts mortgage rates as inflation falls to 2 per cent
Daily Telegraph· 3 days agoMortgage rates had been creeping up for several weeks as markets digested the fact that rate cuts...
NatWest cuts mortgage rates as inflation falls to 2 per cent
The Telegraph via Yahoo Finance· 3 days agoMoney markets are instead pricing in a 35pc chance that policymakers will lower borrowing costs for...
Housing market seeks Fed rate-cut relief as sales slump
TheStreet via Yahoo Finance· 2 days agoHomebuilders broke...That's a 5.5% decline from April levels and far shy of Wall Street forecasts....
Don't expect a ‘ramp up’: Fannie Mae trims estimates for home sales, origination volume -...
HousingWire· 23 hours ago“Unfortunately, we’re still not forecasting a ramp-up in housing activity, which will require some...
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
Investopedia via Yahoo Finance· 2 days agoBuilding permits, an indicator of future groundbreaking, were also down, falling to an annual rate...