Homebuying activity showed a tentative sign of stabilization in the week ending October 23, but the latest figures offer little evidence of a broad recovery. Weekly pending sales stopped falling as mortgage rates retreated from recent peaks, even while active...
In brief: The benchmark 10-year U.S. Treasury yield finished Friday at 5.00% on the Treasury Department’s daily par-yield series, up from 4.96% Thursday, while Brent crude settled at $116.72 a barrel. For mortgage lenders and homebuyers, the combination keeps...
The White House is considering a draft executive order that could direct federal housing agencies to examine ways to lower mortgage costs, according to an October 20 report by Scotsman Guide. No signed order has been confirmed.Scotsman Guide reported that it obtained...
In brief: Mortgage rates finally moved lower last week, but homebuyers and refinancing borrowers pulled back anyway. The latest industry survey points to a fall housing market in which a modest improvement in financing costs is not enough to restore demand. U.S....
In brief: A growing share of U.S. housing markets now gives buyers more room to negotiate, but that leverage is not translating into affordability. A new national market analysis finds that rising mortgage rates wiped more than $22,000 from the purchasing power of a...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion …
