30-year mortgage rates

Mortgage Rate Reported at 3 Month Low

This article appeared first at USREALTY.NEWS In light of decreasing interest rates, geopolitical concerns, and even the anticipation of the Federal Reserve on the Federal Funds Rate, Freddie Mac has reported another weekly decline in 30 year mortgage rates to 4.63 percent. Visit USREALTY.NEWS for an interactive rate chart If this trend continues, 30 year … Continue reading Mortgage Rate Reported at 3 Month Low

Freddie Mac reports slight downtick in 30 year mortgages

A slight drop in reported 30 year mortgage rates by Freddie Mac continues to show a short term decline in rates.  With last weeks rise in 10 year treasuries, there was a possibility that we may have seen a slight increase, but this did not happen and we have experienced 3 continued weeks of either … Continue reading Freddie Mac reports slight downtick in 30 year mortgages

US new-home sales jumped 6.2 percent in October

WASHINGTON/November 27, 2017 (AP)(StlRealEstate.News) — Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department said Monday that new-home sales last month rose to a seasonally … Continue reading US new-home sales jumped 6.2 percent in October