Pending home sales jump to six month high as lower mortgage rates draw buyers in

Pending home sales jump to six-month high as lower mortgage rates draw buyers in

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

Business - MarketWatch - October 30

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - October 24

Home sales surged in October, just before mortgage rates jumped

Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.

Business - CNBC - 6 hours ago

Home sales surged in October, just before mortgage rates jumped

A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.

Pending home sales took an unexpected leap higher last month, but rates have climbed back up

The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.

Business - CNBC - October 30

Mortgage rates inch up to a 3-month high ahead of Fed meeting

Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - November 6

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 23

Mortgage rates are near 7%, but buyers are making a comeback

Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - Yesterday

Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - November 6

New-home construction falls to three-month low as high rates and hurricanes impact builders

Construction on new U.S. homes fell 3.1% in October, the Commerce Department said Tuesday.

Business - MarketWatch - 2 days ago

Existing-home sales sink to a 14-year low, as home buyers pull back ahead of the November election

Existing-home sales fell to a rate of 3.84 million in September, the National Association of Realtors said.

Business - MarketWatch - October 23

First-time home buyers’ share of home sales hits 43-year low, real-estate group says

It has never been this challenging to be a first-time home buyer.

Business - MarketWatch - November 5

10-year Treasury yield slips from 3-month closing high as buyers step in

Demand from overseas buyers of U.S. government debt helped push yields slightly lower on Thursday, but not far from their highest levels in two or three months.

Business - MarketWatch - October 24

Builder-confidence index jumps to 7-month high after Trump win

Builder sentiment increased to the highest level since April, the National Association of Home Builders said.

Business - MarketWatch - 3 days ago

Why one economist says Elon Musk could hold the key to lower mortgage rates

One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.

Business - MarketWatch - November 14

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - November 7

Treasury Department announces new Series I bond rate of 3.11% for the next six months

The U.S. Department of the Treasury has announced new Series I bond rates through April 2025.

Business - CNBC - October 31

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July

Business - CNBC - October 23

Dollar hits six-month high as Trump tariff talk fuels inflation fears

US Treasury yields rise as traders scale back expectations for interest rate cuts

Business - Financial Times - November 12

Will mortgage rates and home prices go down next year? Your 2025 real-estate road map.

Will mortgage rates finally fall in 2025? And will it become more affordable to buy — or even rent?

Business - MarketWatch - 3 hours ago

How to get equity out of your home with refinance rates high again

Mortgage refinance rates are high again. Here are two other effective ways to access your home equity right now.

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent

The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.

Business - CNBC - October 28

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - November 7

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - November 12

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

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