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U.S. new-home sales rise more than forecast after winter setback
...rebounded sharply in March to the highest since 2006, suggesting that the housing market is back on track after winter storms impeded demand in February. Purchases of new single-family homes......

Covid’s Impact On Housing: What States Are Getting Hit The Hardest And How To Prepare
...Homeowners With Negative Equity Today’s homeowners are benefiting from the red-hot housing market, which is sending property values through the roof. On average, homeowners across the country......

Mortgage and Refinance Rates Today, April 23, 2021 – Rates still low
...That’s $0.54 higher compared with last week. In summary: How mortgage rates have shifted 30-year fixed mortgage rate: 3.07%, unchanged from last week 15-year fixed mortgage rate: 2.35%, down......

Home prices hit a new record, because there simply aren't enough houses for the crush of buyers
...the National Association of Realtors. It was the highest median price since NAR began tracking in 1999. The median price, which includes existing single-family homes, townhomes, condominiums......

Friday Rebound: Early Strength Seen Amid Earnings Avalanche After Tax Fears Bite Market
...Intel INTC , and American Express AXP all under pressure following earnings reports New home sales among key data to watch later this morning, with big gain seen Market faces possibility......

The world is waking up to the climate crisis. Just look at Wall Street
...SLB) report earnings before the opening bell. Also today: US data on new home sales will be released at 10 a.m. ET. Coming next week: Earnings season continues with results from Tesla (TSLA), BP......

Mortgage interest rates today
...a ripple effect in the market. For homebuyers, this has meant home mortgage rates at historic lows. It's a great time to investigate the mortgage rate you could qualify for on a future home. What......

East Coast, Chicago Will Face Steepest Housing Recovery Post-COVID
...the progress made so far, and by extension could affect home sales and prices. States across the East Coast, as well as the greater Chicago area, will face......

Current mortgage rate for April 23, 2021: Major rates varied
Today, mortgage rates were varied. If you haven't locked yet, see how your payments might be affected. Mortgage rates had no specific trajectory today. Average 15-year fixed mortgage rates......

The Effects Of Remote Work On Real Estate Across The U.S.
...recent years.  Key factors driving the current upturn include historically low mortgage rates and the ongoing exodus to the suburbs, which already started pre-pandemic. Another factor is a......

Last call for refinancers? Mortgage rates will resume rising, bankers’ group forecasts
Mortgage rates have fallen for three weeks in a row, but the retreat is just a head fake, the Mortgage Bankers Association says. The group expects rates to rise to 3......

Hispanic homebuyers poised to become dominant force in U.S. housing market
Hispanics, already a prominent force in the U.S. housing market, are about take over as the nation’s dominant group of homebuyers.  A study by the Urban Institute forecasts that Latinos will......

2021 purchase volume forecasted to hit a record, despite rising rates
Even though mortgage rates have trended down the last few weeks, the 30-year fixed will reach 3.7% by year-end, the April forecast from the Mortgage Bankers Association said. But those higher......

Buyers Undeterred by Home Prices
...double-digit annual price gains. “Consumers are facing much higher home prices, rising mortgage rates, and falling affordability,” says Lawrence Yun, NAR’s chief economist. “However, buyers......

Counties Experiencing Most, Least COVID-19 Economic Impact
...economic toll on states across the country to varying degrees. “Clearly, the housing market continues to surge, and things are looking up, more and more, for the U.S. economy in 2021, after......

Million-Dollar Home Sales Outpace Those in Other Price Points
...the National Association of REALTORS®. Wealthy Americans are taking advantage of low mortgage rates, increased savings, and the growth in remote work in order to hunt for larger homes. The......

The Pros and Cons of a 'Kick-Out' Clause
In this red-hot housing market, some sellers may be tempted to add a kick-out clause when countering an offer on their home. This type of contingency in a purchase agreement would allow a seller......

Housing Providers Struggle Under Eviction Moratorium
...nearly enough. Also, distribution among states has reportedly been slow. In January, NAR joined other housing groups to urge federal agencies to provide more information on the distribution of......

An Insider’s View on the Bay Area’s Housing Affordability Crisis
...to smaller nearby markets. Do you expect this trend to affect the housing market in the region? Tsuda: It’s hard to say to what degree this will be a long-term trend. Yes, rental prices for......

Housing market remained strong in March with highest prices ever
...the National Association of Realtors. It was the highest median price since NAR began tracking in 1999. The median price, which includes existing single-family homes, townhomes, condominiums......

Today’s Mortgage Interest Rates: April 22, 2021—Mortgage Rates Fall To 2-Month Low
For the first time since early February, mortgage rates are falling, giving some borrowers another shot at sub-3% rates. The average rate on a 30-year, fixed-rate mortgage dropped 7 basis points......

2021: Building Momentum In The Construction Industry Post-COVID-19
...finally coming off the drawing boards and receiving funding. Amid an ongoing housing market boom , the construction industry added 110,000 jobs in March, recovering over 80% of the jobs lost......

Mortgage Rates Hit Levels Not Seen In Months
Mortgage rates have officially dipped below 3% again, hitting their lowest point since mid-February.  According to mortgage purchaser Freddie Mac, the average rate on 30-year, fixed loans......

March 2021 Existing-Home Sales Drop While Prices Continue to Climb
NAR released a summary of existing-home sales data showing that housing market activity this March declined 3.7% from February 2021. March's existing home sales reached a 6.01 million......

Instant Reaction: Mortgage Rates, April 22, 2021
Mortgage rates fell this week below 3%, following the downward trend of the 10-year Treasury yield. Freddie Mac reported today that the average rate on the 30-year fixed rate home loan......