30-year fixed-rate mortgage
US new home sales fall more than expected in October
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months.
Several economist warn of a possible housing market collapse.
Escalating home prices show no signs of slowing down, while the sales of pre-owned homes decline. One America’s Alejandro Booher has more.
Many continue to keep an eye on the Federal Reserve with regard to interest rates, especially those looking to purchase a home.