3+ day, 20+ hour ago   (487+ words) Mortgage rates continued their upward trudge this week, with the 30-year fixed rate reaching a year-to-date weekly high of 6.76%, Freddie Mac reported Thursday. That is the highest weekly average for 30-year mortgages in nearly 15 months and is 41 basis points above…...

3+ day, 22+ hour ago   (559+ words) Existing-home sales declined for the third consecutive month in August, deepening a summer sales slowdown that has coincided with a sharp run-up in borrowing costs since May. The seasonally adjusted annual pace of existing-home sales slid 2% from July to 3.98 million…...

5+ day, 20+ min ago   (389+ words) Mortgage rates that rose to their highest level since last June pushed mortgage demand lower across the board last week, the Mortgage Bankers Association (MBA) said Wednesday. The MBA’s Market Composite Index, a measure of mortgage loan application volumes, slid…...

5+ day, 1+ hour ago   (462+ words) U.S. home prices continued a trend of muted though modest gains in July as Midwest and Northeast markets outperformed counterparts across the South and West. Real estate analytics firm Cotality reported Tuesday that national home prices rose 1.4% year over year in…...

1+ week, 2+ day ago   (346+ words) The hospitality and office sectors enjoyed stellar sales increases in July, according to a commercial real estate report from Colliers. While overall commercial real estate sales were nearly flat in July, with volume of $36.3 billion down 1% from last year, the…...

1+ week, 4+ day ago   (459+ words) On the purchase side of the U.S. housing market, listing activity in August offered mixed signals as mortgage borrowing costs climbed above year-ago levels, according to Realtor.com’s latest monthly housing report. Active listings were 1.2% higher in August compared to July,…...

1+ week, 4+ day ago   (339+ words) Mortgage demand rose slightly last week despite a steady march higher in borrowing costs, the Mortgage Bankers Association (MBA) said Wednesday. The MBA’s Market Composite Index, a measure of mortgage loan application volumes, edged up 0.8% on a seasonally adjusted basis…...

1+ week, 5+ day ago   (199+ words) Residential construction spending fell 7.3% from its year-ago rate, according to data released Tuesday by the U.S. Census Bureau. At a seasonally adjusted annual pace of $871.2 billion, residential construction spending logged a 7.3% decrease from the estimated figure of a year ago, which…...

1+ week, 6+ day ago   (590+ words) The nation’s largest title insurance underwriter isn’t too worried about rising foreclosures and softening U.S. home prices — at least for now. First American Financial Corp., which collected roughly one-quarter of title insurance premiums generated during the first quarter, said…...

2+ week, 5+ day ago   (435+ words) Mortgage applications declined last week as rising borrowing costs and economic uncertainty continue to suppress home purchase demand this summer, the Mortgage Bankers Association (MBA) reported Wednesday. The MBA’s Market Composite Index, a measure of mortgage loan application volumes, slipped…...