According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. ticked up to its highest mark in six weeks in early October 2017. After holding steady last week, rates ticked up this week.
According to a report by real estate consultant JLL and The Business of Cities, London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul are among the seven most competitive cities in the world.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 29, 2017, mortgage applications decreased 0.4 percent from one week earlier.
Granger MacDonald, chairman of the National Association of Home Builders (NAHB), today issued the following statement on the tax plan put forth by the White House and GOP congressional leaders:
Existing homes sales in the U.S. have retreated in four of the past five months, but a new survey from the National Association of Realtors finds this slowdown is not because of a lack of confidence from consumers
According to the National Association of Realtors, U.S. home sales stumbled in August 2017 for the fourth time in five months as strained supply levels continue to subdue overall activity. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.
According to Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed mortgage rate dropped to a year-to-date low for the third consecutive week in 2017. The 10-year Treasury yield fell 9 basis points this week, reaching a new 2017-low for a second consecutive week.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 1, 2017, U.S. mortgage applications increased 3.3 percent from one week earlier.
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed mortgage rate in the U.S. dropped to its lowest mark since November 10, 2016. The 10-year Treasury yield fell 6 basis points this week amid concerns over lagging inflation.
U.S. mortgage applications for new home purchases increased 5.1 percent compared to July 2016. Compared to June 2017, applications decreased by 12 percent. This change does not include any adjustment for typical seasonal patterns.
According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.
According to Freddie Mac's latest Primary Mortgage Market Survey for early August 2017, the 30-year fixed mortgage rate dropped to its lowest point in six weeks. After holding relatively flat last week, the 10-year Treasury yield fell 4 basis points this week.
According to the National Association of Home Builders/First American Leading Markets Index, nearly 300 U.S. housing markets posted an increase in economic and housing activity.
Commercial property investors are allocating more capital to real estate worldwide, with Asian investors now accounting for five of the 10 biggest cross-border spenders.
The average U.S. mortgage rate did not deviating from the previous week. The 10-year Treasury yield was relatively flat this week, as was the 30-year mortgage rate which rose 1 basis point to 3.93 percent.
According to the National Association of Realtors, after declining for three straight months, U.S. pending home sales reversed course in June 2017 as all major regions, except for the Midwest, saw an increase in contract activity.