WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
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Blake Nissen | The Boston Globe via Getty Images If there’s a head start on all the pandemic-induced uncertainty in the economy, it’s the bottom-line mortgage rate bond for home owners and buyers. The average rate on the popular 30-year fixed has just dropped to another all-time low: 2.87%, according …
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President TrumpDonald John TrumpTrump says he would feel comfortable sending his son and grandchildren to school in person. Cafeteria worker on White House grounds tests positive for COVID-19: Reports Republicans will begin revealing the coronavirus package Thursday MORE on Thursday he called on “Suburban Housewives of America” in his latest …
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The rate on the popular 30-year fixed-rate mortgage rose to 3.01%, according to Freddie Mac data released Thursday. It is the first time in six weeks that US mortgage rates have risen: Rates have been kept low by low yields on US Treasuries and near zero interest rates. Mortgage rates …
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A real estate agent, right, shows potential buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | fake pictures Existing home sales increased nearly 21% in June compared to May, according to the National Association of Realtors. It was the biggest monthly gain since Real Estate Agents began …
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