Mortgages

In this Wednesday, Nov. 28, 2018, photo, a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Nov. 29, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Keith Srakocic)
November 29, 2018 - 11:56 am
WASHINGTON (AP) — U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-...
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FILE- In this Oct. 24, 2017, file photo, vehicles travel along State Street, the main thoroughfare through town, as seen from the Bicentennial Tower in Erie, Pa. Each quarter, NerdWallet calculates home affordability for 172 metropolitan areas for which the National Association of Realtors publishes home prices. NerdWallet narrowed its focus this quarter to 87 medium-size metros with populations between 250,000 and 1 million. Erie ranked in the top five most affordable medium-size metro areas in the third quarter. (AP Photo/John Minchillo, File)
November 22, 2018 - 11:36 am
Big coastal cities have some of the highest house prices in the country. In comparison, medium-size cities are often relative bargains. But not always. Each quarter, NerdWallet calculates home affordability for 172 metropolitan areas for which the National Association of Realtors publishes home...
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FILE- In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Wednesday, Nov. 21, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
November 21, 2018 - 12:39 pm
WASHINGTON (AP) — U.S. long-term mortgage rates recorded the biggest drop in nearly four years this week, but remain much higher than they were a year ago. Mortgage giant Freddie Mac said Wednesday that the average rate on the benchmark 30-year, fixed-rate mortgage fell to 4.81 percent this week,...
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FILE- In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 15, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
November 15, 2018 - 10:44 am
WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent. That's the...
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FILE - In this May 7, 2009 file photo, homes built by D.R. Horton Inc. are shown in Cahndler, Ariz. Major homebuilders are taking a beating on Wall Street as rising interest rates and home prices continue to keep potential buyers on the sidelines. Shares in leading U.S. homebuilder D.R. Horton have fallen more than 8 percent in Thursday, Nov. 8, 2018, morning trading while others in the sector saw declines between 4 percent and 6 percent. (AP Photo/Ross D. Franklin, File)
November 08, 2018 - 12:23 pm
WASHINGTON (AP) — Homebuilders took a beating Thursday as rising interest rates and home prices discourage potential buyers. Mortgage buyer Freddie Mac said Thursday that the average rates on 30-year, fixed rate mortgages hit 4.94 percent, a 7-year high. The average rate a year ago was 3.9 percent...
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FILE- In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 1, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
November 01, 2018 - 11:09 am
WASHINGTON (AP) — Long-term U.S. mortgage rates declined this week, in a quiet pause after weeks of market anxiety over rising interest rates. Home borrowing rates still remain at their highest levels in more than seven years, dampening the outlook for prospective homebuyers. Mortgage buyer Freddie...
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FILE- In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Oct. 25, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
October 25, 2018 - 12:01 pm
Long-term U.S. mortgage rates edged slightly higher this week amid continued anxiety in financial markets as interest rates rise. Home borrowing rates remain at their highest levels in more than seven years, with the key 30-year rate approaching 5 percent. Mortgage buyer Freddie Mac said Thursday...
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October 25, 2018 - 10:00 am
WASHINGTON (AP) — Pending home sales rose slightly in September, but contract signings are depressed from a year ago as affordability has become a greater challenge for would-be buyers. The National Association of Realtors says that its pending home sales index increased 0.5 percent last month to...
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FILE- In this July 23, 2018, file photo construction workers put down roofing paper on home in Houston. General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its quarterly report on home remodeling. (AP Photo/David J. Phillip, File)
October 22, 2018 - 11:21 am
NEW YORK (AP) — General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its...
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FILE- In this Aug. 30, 2018, file photo a sale signs stand outside a home on the market in Denver. On Friday, Oct. 19, the National Association of Realtors reports on sales of existing homes in September. (AP Photo/David Zalubowski, File)
October 19, 2018 - 10:20 am
WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally...
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