The 30-year fixed-rate mortgage averaged 6.56% as of Aug. 28, according to the latest Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC). The latest reading is down from last week when it averaged 6.58%. A year ago at this time, it averaged 6.35%....
Pending home sales during July were down by 0.4% month-over-month but were up 0.7% year-over-year, according to the National Association of Realtors (NAR). On a regional basis, pending sales were down in the Northeast and Midwest from June into July, but were up in...
The national median mortgage payment in July was $2,127, down from $2,172 in June, according to data from the Mortgage Bankers Association (MBA). On a year-over-year basis, the sum was down $13, equal to a 0.6% decrease. The national median mortgage payment for...
More than half (54%) of Canadians who currently own residential property in the US say they are planning to sell within the next year, according to a new survey conducted by Royal LePage Real Estate Services. Nearly two-thirds (62%) of those potential Canadian sellers...
The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...