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NAHB: Builder Confidence Declined in May
Calculated Risk· 4 hours agoAny number below 50 indicates that more builders view sales conditions as poor than good. With mortgage rates averaging above 7% for the past four weeks per data from Freddie ...
Home sales and new home construction both drop in April
CBC via Yahoo Finance· 2 hours agoThe annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024,...
Mortgage rates dip amid signs of a slowdown
Bankrate via AOL· 7 days agoDiscount points are a way for you to reduce your mortgage rate, while origination points are fees a lender charges to create, review and process your...
Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts
AOL· 6 days agoThe average 30-year fixed mortgage rate dipped back toward 7% this week, settling at 7.09%, according to Freddie Mac. Recent rate volatility ...
Inflation improves slightly in April, but high cost of housing remains a big obstacle
Los Angeles Times· 4 hours agoIt dropped a notch in April but was up 3.4% from a year ago, the Bureau of Labor Statistics said....
Wave of CRE debt set to mature while interest rates remain high - Phoenix Business Journal
The Business Journals· 2 hours agoJust shy of $20 billion in commercial mortgage-backed securities debt backing U.S. office properties...
Housing market predictions for 2024
Bankrate via Yahoo Finance· 2 days agoThe median sale price for an existing home in the U.S. was $393,500 as of March... of Realtors (NAR). And after rising above 8 percent in October, the...
Hotter inflation keeps mortgage rates higher, but housing inventory building: Fannie Mae
FOX Business· 2 days agoThere's no relief in sight for high borrowing costs as interest rate cuts are pushed further into...
Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy
Financial Post via Yahoo Finance· 1 day agoMcLister on Mortgages Want to learn more about mortgages? Mortgage strategist Robert McLister’s...
Rate cut expected in June – how your mortgage and savings will be affected
The Telegraph via Yahoo Finance· 6 days agoIn its latest Monetary Policy Committee meeting, the Bank of England again voted to keep interest...