US single-family housing starts jump to more than 1-1/2-year high
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
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 popular U.S. home loan last week jumped to the highest since September 2000.
New data from Redfin reveals that about 16 percent of pending home sales collapsed in September as mortgage rates hit 8 percent. One America’s Daniel Baldwin with more.
Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half.
The U.S. mortgage rate rose to the highest mark in over 20 years. According to Mortgage Bankers Association, the 30-year mortgage rate rose to 7.16% last week, which matches the highest since 2001.