A pending sale sign is placed in front of a house for sale in San Anselmo, California. Justin Sullivan | fake pictures According to the National Association of Real Estate Agents, pending home sales continued to increase in June, increasing 16.6% monthly since May and 6.3% since June 2019. This …
Read More »Home prices rose at a slower rate in May, according to S&P Case-Shiller
Real estate agents leave a house for sale during a broker’s open house in San Francisco, California. Justin Sullivan | fake pictures Home prices continued to rise in May, albeit at a slightly slower rate than in April, likely due to the brief but sharp slowdown in home sales as …
Read More »Mortgage rates have just reached another record low
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 …
Read More »US mortgage rates rise for the first time in 6 weeks, topping 3%
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 …
Read More »Home prices in Hamptons hit record as wealthy New Yorkers flee
An oceanfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters According to a new report, home prices in the Hamptons hit new records as wealthy New Yorkers fled the city’s Covid-19 trouble over the beach. According to a report by Miller Samuel and Douglas Elliman, the …
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