Mortgage Loan Rates Dropped Last Week, Applications Continue Slide
Applications for new mortgages continue to dip slightly even as mortgage loan rates drop to multi-month lows.
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8 American Cities Where Most Millennials Own Homes
Here are the eight U.S. cities where more than 50% of millennials own their homes rather than renting.
Mortgage Loan Rates Make Slight Move Last Week, Applications Continue Decline
Mortgage loan rates made just small moves last week as yields on 10-year Treasury notes reached their year-ago levels. Applications for new loans dropped again.
Home Prices Rise in Top 20 Markets, Las Vegas and Phoenix Soar
Home prices continue to rise at a slower pace than they were rising a year ago according to the latest S&P CoreLogic Case-Shiller home price index. Home prices rose 5.2% on average in the…
Doomsday Bunker House On Sale For $18 Million
If the apocalypse comes, there is a house near Las Vegas where the owners are safe. It will cost $18 million for the protection. Located at 3970 Spencer St, the house was built with…
Affordable Homes Becoming Scarcer in Major US Metro Areas
Available affordable homes for sale declined year over year in 2018 according to a report from Redfin. There are a few cities, however, where the number rose.
What DR Horton Earnings Indicate About the Housing Market
Homebuilder D.R. Horton reported first fiscal quarter earnings Friday morning that were below consensus estimates. Revenues were slightly above consensus.
Mortgage Loan Rates Mostly Higher Last Week, Applications Slip
Applications for new mortgage loans dipped last week after two weeks of solid growth. Interest rates were slightly higher on most types of mortgage loans.
December Existing Home Sank 10%
Sales of existing homes dropped by more than 10% year over year in December. Home prices increased again, but price hikes are getting somewhat smaller.
Mortgage Loan Rates Increased Last Week, but New Applications Remained Strong
Mortgage loan rates were generally a little higher last week but that did not have a negative effect on applications for new mortgages. Applications for refinancing came in at a 12-month high last week.
Mortgage Delinquencies Register Lowest October Rate in 18 Years
Mortgage delinquencies fell to their lowest levels for at least the past 18 Octobers, according to data reported Tuesday by CoreLogic. States hit hard by hurricanes, fires and volcanoes are still struggling, however.
Mortgage Applications Pause for Holiday, Mortgage Loan Rates Remain Low
Applications for new mortgages fell by nearly 10% in the final two weeks of December, according to the Mortgage Bankers Association. Mortgage loan rates have moderated on most types of loans, though.
CoreLogic November Home Price Index Continues Slower Growth
The CoreLogic home price index rose 5.1% year over year in November, once again posting a smaller annual gain than in the previous month. Higher interest rates and falling prices are combining to tamp…
The 10 Cities Where Home Prices Are Rising Fastest
The price of residential real estate has risen in most markets since a decades-long bottom during the Great Recession. That has started to slow in some cities because of oversupply and rising mortgage rates.…
November Existing-Home Sales Rise for Second Straight Month
Sales of existing homes rose again in November after breaking a six-month losing streak in October.