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Fed Minutes Suggest Fiscal Stimulus Later This Year
The Federal Reserve released the minutes from its June Federal Open Market Committee meeting, revealing a Fed divided on the future of the U.S. economy.
84 U.S. Markets Improving In July
84 U.S. metropolitan areas are showing “measurable and sustained growth” this month.
Home Purchasing Power Jumps To New Highs
With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.
30-Year Fixed Rate Mortgage Rates Fall To 3.62% Nationwide
30-year fixed rate mortgage rates made new, all-time lows once again this week.
Mortgage Rate Risk Ahead Of Friday Morning's Jobs Report
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you’re actively shopping for a mortgage, today may be a prudent day to lock a mortgage.
Pending Home Sales Index Hits A 2-Year High
In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier.
FHFA : Home Values Up 3% Since Last Year
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
Existing Home Sales Slip 2% In May
Home resales slipped last month; a temporary setback for the housing market’s recovery.
Mortgage Rates Make New Lows At 3.66%
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.