Real estate

This May 25, 2018, photo shows a home under construction in Hampton Township, Pa. On Tuesday, June 19, the Commerce Department reports on U.S. home construction in May. (AP Photo/Ted Shaffrey)
June 19, 2018 - 8:36 am
WASHINGTON (AP) — A surge of construction in the Midwest drove U.S. housing starts up 5 percent in May from the prior month. The Commerce Department said Wednesday that housing starts rose to a seasonally adjusted annual rate of 1.35 million, the strongest pace since July 2007. All of May's...
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FILE- In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. Investors are eagerly awaiting the updated economic forecasts the Fed will issue when its meeting ends Wednesday, June 13. (AP Photo/Carolyn Kaster, File)
June 13, 2018 - 2:04 pm
WASHINGTON (AP) — The Latest on the Federal Reserve policy meeting (all times local): 2 p.m. As widely anticipated, the Federal Reserve has raised its short-term federal fund rate — what banks charge each other— by 0.25 points to a range of 1.75 to 2 percent. Fed officials voted unanimously on...
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In this Wednesday, March 28, 2018, photo, a sold sign is shown outside a single-family home on the market in Denver. On Thursday, May 31, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
May 31, 2018 - 1:43 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week, breaking a steady climb that pushed them to their highest levels in seven years. It was the first decline in four weeks in long-term loan rates amid the peak home buying season. Mortgage buyer Freddie Mac said Thursday the average rate...
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FILE- In this April 23, 2018, file photo a for sale sign sits in front of a home in Jackson, Miss. On Thursday, May 24, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 24, 2018 - 10:41 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up from 4.61 percent last week. Pushing toward the...
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FILE- This May 4, 2018, file photo shows a house is under construction in Roseville, Calif. On Wednesday, May 23, the Commerce Department reports on sales of new homes in April. (AP Photo/Rich Pedroncelli, File)
May 23, 2018 - 11:21 am
WASHINGTON (AP) — Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas and sharp pullback in purchases in the western United States. The Commerce Department said Wednesday that new homes sold last month at a seasonally adjusted...
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FILE- This April 23, 2018, file photo shows a sold sign in front of a home in Jackson, Miss. On Thursday, May 17, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 17, 2018 - 1:17 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. The benchmark 30-year rate pushed toward the significant 5 percent level. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate...
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FILE- In this April 19, 2017, file photo, specialist Anthony Rinaldi is reflected in a screen at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 15, 2018. (AP Photo/Richard Drew, File)
May 15, 2018 - 4:45 pm
Losses in technology and health care companies helped pull U.S. stocks lower Tuesday, snapping an eight-day winning streak by the Dow Jones industrial average. The broad sell-off followed a slide in bond prices, which sent the 10-year Treasury yield to its highest level in almost seven years. That...
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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 Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve issues new data Monday, May 7, 2018, on how much credit Americans took on in March. The tally, which excludes mortgages and other loans secured by real estate, is expected to show consumer borrowing increased by $15.6 billion. That would follow a gain of $10.6 billion in February. That gain pushed total consumer credit to nearly $3.9 trillion.(AP Photo/Andrew Harnik, File)
May 07, 2018 - 3:12 pm
WASHINGTON (AP) — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below...
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May 03, 2018 - 6:56 pm
WILMINGTON, Del. (AP) — Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program were convicted Thursday of fraud and conspiracy charges. The former Wilmington Trust executives were convicted after a six-week trial in...
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