30-year fixed-rate mortgage
US new home sales fall sharply in January
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
A new report suggests that the average age of an American homebuyer in the U.S. has hit a record high of 56-years-old, according to the National Association of Realtors’ (NAR) yearly state-of-the-market report released on Monday.