Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
Read More »‘The housing market is at a sugar level’: Home sales are big, but is it a good time to buy? Here’s what the experts say
Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
Read More »Mortgage rates are rising again – just as house prices are starting to rise
Although they are rising, mortgage rates remain below 3%. But a rise in house prices threatens to make buying a home unreachable for many Americans. The 30-year fixed-rate mortgage averaged 2.99% for the week ending August 20, and increased three basis points the week before, Freddie Mac FMCC, -0.67% reported …
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