Justin Sullivan / Getty Images The average U.S. 30-year fixed mortgage rate fell to 2.81% from 2.87%, the lowest in Freddie M data data nearly 50 years back. This year’s reading also lowers the 10th record, reflecting borrowing costs that have boosted the housing market. The epidemic has boosted sales …
Read More »New home sales in the U.S. have risen the fastest since 2006 as the housing market shines through the epidemic.
Associated Press The Census Bureau noted Thursday that the new U.S. Home sales grew 8.8% in August, to ten million units annually. That rate was the highest since 2006 and sales have increased for four consecutive months. The agency’s estimate of new homes for sale fell to 282,000, reflecting a …
Read More »