WASHINGTON (AP) — Mortgage rates rose this week for the first time after six weeks of declines amid signs of strong economic recovery. Average rates for home loans remain historically low, however, at under 3 percent. Mortgage buyer Freddie Mac reported Thursday that the average for the 30-year mortgage jumped to 2.87 percent from 2.77 […]
Mortgage rates fall back down to 2.9%
The average 30-year fixed-rate mortgage fell eight basis points from the week prior to 2.9%, according to data released Thursday by Freddie Mac‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, last week’s dip followed the concurrent drop in U.S. Treasury yields earlier this week. “While mortgage rates tend to follow Treasury yields closely, other factors […]
Boston sees the 4th-highest jump in home prices in the US
WASHINGTON (AP) — In March, US home prices jumped by the most in more than seven years as an increasing number of would-be buyers compete for a dwindling supply of houses. The March S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 13.3 percent from a year earlier, the biggest gain since December 2013. That […]
- 1
- 2
- 3
- …
- 6
- Next Page »