Mortgages

May 10, 2018 - 10:25 am
WASHINGTON (AP) — The key long-term U.S. mortgage rate held steady this week, providing a lure for potential homebuyers as the spring buying season goes forward. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.55 percent, unchanged from last week. The...
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FILE- In this April 23, 2018, file photo, a sold sign is displayed the front yard of this gated home in Jackson, Miss. On Thursday, May 3, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 03, 2018 - 10:43 am
WASHINGTON (AP) — The key long-term U.S. mortgage rate declined slightly this week, after a steady rise for most of April that pushed the rate to its highest level in more than four years. With the spring buying season underway, mortgage buyer Freddie Mac says the average rate on 30-year, fixed-...
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This Monday, April 23, 2018, photo shows a "Sold" sign in front of a home in Jackson, Miss. On Thursday, April 26, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
April 26, 2018 - 12:02 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage...
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FILE- In this March 28, 2018, file photo, a for sale sign is shown outside a single-family home on the market in Denver. On Monday, April 23, the National Association of Realtors reports on March sales of existing homes. (AP Photo/David Zalubowski, File)
April 23, 2018 - 10:14 am
WASHINGTON (AP) — U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers are undeterred by the dwindling number of properties available on the market. The National Association of Realtors said Monday that homes sold last month at a seasonally...
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FILE- In this Feb. 26, 2018, file photo, work continues on a new development in Fair Lawn, N.J. On Tuesday, April 17, the Commerce Department reports on U.S. home construction in March. (AP Photo/Seth Wenig, File)
April 17, 2018 - 10:36 am
WASHINGTON (AP) — U.S. builders broke ground on more apartment buildings last month, pushing up overall home construction 1.9 percent. The Commerce Department said Tuesday that housing starts rose in March to a seasonally adjusted annual rate of 1.32 million, driven by a big 16 percent gain in...
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This April 2, 2018 photo shows a real estate sign outside of a sold property in San Francisco. On Thursday, April 12, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Jeff Chiu)
April 12, 2018 - 2:57 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates were flat to slightly higher this week with the spring home buying season well underway. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages edged up to 4.42 percent from 4.40 percent last week. The benchmark stood at an...
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FILE- This Feb. 26, 2018, photo shows a new home are for sale in Mahwah, N.J. On Friday, March 23, the Commerce Department reports on sales of new homes in February. (AP Photo/Seth Wenig, File)
March 23, 2018 - 10:31 am
WASHINGTON (AP) — Sales of new U.S. homes slipped 0.6 percent in February, a third straight monthly decline. But year to date, sales are up 2.2 percent in a sign that buyer demand remains solid. The Commerce Department said Friday that last month's sales came in at a seasonally adjusted annual rate...
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FILE - In this Feb. 23, 2015, file photo, Prince Addy of Manassas, Va., straightens up the shelves of roofing products at the Home Depot in Falls Church, Va. Home Depot a reports financial results Tuesday, Feb. 20, 2018. (AP Photo/Susan Walsh, File)
February 20, 2018 - 8:13 am
NEW YORK (AP) — A strong home-improvement market pushed Home Depot's profit higher in the fourth quarter, topping expectations. The Atlanta company's profit rose 5.6 percent to $1.78 billion, or $1.52 per share, for the three months ended Jan. 28. Earnings, adjusted for pretax expenses, were $1.69...
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FILE- This Jan. 8, 2018, file, photo shows an existing home for sale in Walpole, Mass. On Thursday, Feb. 15, 2018, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Steven Senne, File)
February 15, 2018 - 11:00 am
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-...
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FILE - This June 4, 2015, file photo, shows a sign indicating a site has been sold in a new home development in Nashville, Tenn. If you’re in a committed relationship but nuptials are on the back burner, just know your dream of buying a home doesn’t have to be. (AP Photo/Mark Humphrey, File)
January 25, 2018 - 10:12 am
Love and marriage don't always go together, no matter what Sinatra says. If you're in a committed relationship but nuptials are on the back burner, just know your dream of buying a home doesn't have to be. Sixteen percent of first-time homebuyers in 2017 were unmarried couples, an annual National...
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