The WPJ

Indianapolis

U.S. Mortgage Rates Continue to Rise for Fourth Consecutive Week

Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.94 percent.

Nonresidential Construction Spending in the U.S. Falls Sharply in January

According to the Associated Builders and Contractors analysis of data by the U.S. Census Bureau, national nonresidential construction spending decreased 0.4% in January 2024. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion.

Homes in 86 Percent of U.S. Metros Enjoyed Price Gains in Q4

Based on the National Association of Realtors' latest quarterly report, more than 85% of U.S. metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%.

U.S. Home Equity Continues to Dip in Q4

46.1 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.

Indianapolis Property News












More Results:  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11  |  12  |  13  |  14  |  15  |  16  |  17  |  18  |  19  |  20  |  21  |  22  |  23  |  24  |  25  |  26  |  27  |  28  |  29  |  30  |  31 

This website uses cookies to improve user experience. By using our website you consent in accordance with our Cookie Policy. Read More