Home buying

FILE - This Monday, April 27, 2020, file photo shows a sale pending sign on a home in Mount Lebanon, Pa. The coronavirus pandemic helped shape the housing market by influencing everything from the direction of mortgage rates to the inventory of homes on the market to the types of homes in demand and the desired locations. (AP Photo/Gene J. Puskar, File)
August 21, 2020 - 12:34 pm
SILVER SPRING, Md. (AP) — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%. The July surge in sales reported Friday by the National Association of Realtors marked the...
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August 20, 2020 - 10:45 am
WASHINGTON (AP) — U.S. average rates on long-term mortgages rose this week though they remain at historically low levels. The key 30-year loan nudged toward 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan increased to 2.99% from 2.96% last week. By...
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FILE - In this Friday, May 22, 2020, file photo, a sold sign sits in front of a house in Brighton, N.Y. The coronavirus pandemic helped shape the housing market by influencing everything from the direction of mortgage rates to the inventory of homes on the market to the types of homes in demand and the desired locations. (AP Photo/Ted Shaffrey, File)
August 14, 2020 - 2:07 am
NEW YORK (AP) — A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retired veteran bought his first home last month at the age of 74. Swann said he used his...
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This undated photo shows Stewy Carlo during his Army service days during the Vietnam War. Carlo died in a car accident in 1975, but his family will apply for an allotment of 160 acres of government-owned land in Alaska under a new program that will allow Alaska Native Vietnam veterans or their heirs to apply for land that they might have missed out on in earlier programs because of their service. (Photo provided by Seeyaa Charpentier via AP)
August 08, 2020 - 10:16 am
ANCHORAGE, Alaska (AP) — Stewy Carlo had a short life, but he lived every moment. While serving in the Army, he bought a 1951 Mercedes and motored around Europe. After his service years, he roamed South America where he developed a love of photography, and then later turned heads while driving an...
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August 06, 2020 - 10:29 am
WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan dropped to 2.88% from 2.99% last week. It was the...
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FILE - In this June 20, 2018, file photo, an "Under Contract" sign is displayed in front of home for sale in Raymond, N.H. The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both buyers and sellers. The National Association of Realtors said Monday, June 29, 2020, that its index of pending sales rose to 99.6 in May, the highest month-over-month gain in the index since its inception in January 2001.(AP Photo/Charles Krupa, File)
July 29, 2020 - 9:13 am
SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rose for the second straight month after a devastating spring freeze brought on by the coronavirus outbreak. The National Association of Realtors said Wednesday that its index of pending sales rose 16.6%, to 116.1 in...
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Anil Lilly, center, holds his granddaughter Paige alongside his wife, Joyce, at their new home, Tuesday, July 21, 2020, in Washingtonville, N.Y. New Yorkers anxious after weathering the worst of the coronavirus pandemic are fueling a boom in home sales and rentals around the picturesque towns and wooded hills to the north. Real estate brokers and agents describe a red-hot market recently, with many house hunters able to work from home. (AP Photo/John Minchillo)
July 22, 2020 - 12:21 pm
If the outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour north in the Hudson Valley. “We need more elbow room,” said Joyce Lilly, explaining their move to Washingtonville, New York. “Because we were...
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FILE - In this April 1, 2020 photo, a "For Sale" sign stands in front of a home that is in the process of being sold in Monroe, Wash., outside of Seattle. Americans stepped up their home purchases in June, clawing back some of the losses after the pandemic had caused sales to crater in the prior three months. (AP Photo/Elaine Thompson, File)
July 22, 2020 - 9:27 am
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale...
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FILE - In this May 22, 2020 file photo a sold sign stands in front of a house in Brighton, N.Y. Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years. The stagnant economic recovery in the face of the coronavirus pandemic is keeping inflation tamped down despite pent-up homebuying demand. (AP Photo/Ted Shaffrey, File)
July 16, 2020 - 11:45 am
WASHINGTON (AP) — Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years. The stagnant economic recovery in the face of the coronavirus pandemic is keeping inflation tamped down despite pent-up homebuying...
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July 08, 2020 - 9:05 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL: Choice Hotels is confident that its...
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