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How are rising mortgage rates affecting home sales? 27 Aug 2013 | 05:00 pm
While mortgage rates have risen appreciable over the last few months and rose somewhat dramatically last week, higher mortgage rates are nothing new. In fact, in the grand scheme of things, mortgage r...
Highest mortgage rates since July 29, 2011 26 Aug 2013 | 07:03 pm
Below is an excerpt from of our latest Market Trends newsletter, Keith Gumbinger’s weekly examination of the economic conditions that influenced mortgage rates. Sign up to receive the Market Trends in...
New-home sales disappoint 23 Aug 2013 | 07:39 pm
The housing recovery has been, and continues to be, mired in inconsistency. The latest example is the July report on new-home sales. Just days after the National Association of Realtors reported stro...
Home sales and home prices rise again 22 Aug 2013 | 04:00 pm
U.S. home sales posted another big month in July, with markets nationally on pace to close nearly 5.4 million transactions this year, according to the National Association of Realtors (NAR). The group...
Mortgage rates post sizable increase 21 Aug 2013 | 06:49 pm
Rates on the most popular mortgage types rose considerably according to HSH.com’s Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages increased by 12 basis points...
Despite rising mortgage rates, ARMs are worth a look 20 Aug 2013 | 08:02 pm
Can you believe adjustable-rate mortgages made up 32 percent of mortgage applications back in 2004? While currently hovering around 6 percent of total applications, according to the Mortgage Bankers ...
Mortgage rates rise, higher rates to come 19 Aug 2013 | 06:49 pm
Below is an excerpt from of our latest Market Trends newsletter, Keith Gumbinger’s weekly examination of the economic conditions that influenced mortgage rates. Sign up to receive the Market Trends in...
Builder confidence ticks higher, but for how much longer? 15 Aug 2013 | 07:52 pm
Are rising mortgage rates and home prices good for the housing market? It all depends on who you ask. While homeowners looking to refinance wish that mortgage rates would stay near record lows foreve...
Mortgage rates ticking lower once again 14 Aug 2013 | 07:20 pm
Rates on the most popular types of mortgages slipped a little according to HSH.com’s Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages fell by four basis points...
Homebuyers not deterred by higher mortgage rates 13 Aug 2013 | 05:00 pm
Conventional wisdom says higher mortgage rates tamp down home-buying activity. But so far, that wisdom hasn’t panned out during the current housing recovery, judging by a new Fannie Mae survey of cons...