Home Sales Stumble with Low Housing Inventory This Year
After the previous bounce back, this past week saw home sales stumble. Meanwhile, mortgage rates also ended the week a little lower.
Highest Mortgage Rates in Months After Spread of Virus
This week, the U.S. economy saw its highest mortgage rates in months. Characterized by extremely strong economic reports, impressive early 2021 retail sales kicked off the New Year.
2021 Mortgage Rates and What’s Now Influencing Them
Early 2021 mortgage rates have hovered around record lows, despite an abundance of economic news. After the close of 2020, uncertain times continued into 2021.
December 2020 Home Sales Remained Strong
Wrapping up last year, December 2020 home sales remained strong. Mortgage rates ended slightly lower after an uneventful week.
Housing Sector Picks Up with New Home Construction on the Horizon
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.
Housing Market Shows New, Encouraging Data This Week
As the housing market shows new, encouraging data this week, it still faced overshadowing from Wednesday's Fed meeting.
Focus on the Fed Influences Mortgage Rates This Week
As analysts place focus on the Fed minutes, mortgage rates fluctuated, ending the week higher than they were.
Loathsome Housing Market Conditions as Home Sales Decrease from June
Currently, the United States faces loathsome housing market conditions. Throughout this year, the housing market displayed disappointingly.