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Mortgages

FILE- In this Dec. 10, 2018, file photo, a sold sign stands in front of a home in Surfside, Fla. On Thursday, Jan. 3, 2019, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Wilfredo Lee, File)
January 03, 2019 - 11:21 am

US average mortgage rates fall; 30-year at 4.51 percent

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, starting the year with an inducement to prospective homebuyers. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage declined to 4.51 percent from 4.55 percent last week. Despite...
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FILE - In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. U.S. long-term mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers after the stock market has tumbled. Mortgage buyer Freddie Mac says Thursday, Dec. 27, the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4.62 percent last week. (AP Photo/David Zalubowski, File)
December 27, 2018 - 9:31 am

US long-term mortgage rates dropped to 4.55 pct. average

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers after the stock market has tumbled. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4...
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FILE - In this Aug. 30, 2018 file photo, a sale signs stand outside a home on the market in Denver. U.S. long-term mortgage rates slipped this week, reflecting the stock market decline and rush by investors to Treasury notes. Mortgage buyer Freddie Mac said Thursday, Dec. 20, that the average rate on the benchmark 30-year, fixed-rate mortgage fell slightly to 4.62 percent from to 4.63 percent last week.(AP Photo/David Zalubowski, File )
December 20, 2018 - 12:26 pm

US mortgage rates slipped this week

WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week, reflecting the stock market decline and rush by investors to Treasury notes. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage fell slightly to 4.62 percent from to 4.63...
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FILE - In this Nov. 7, 2018, file photo, a construction crane is perched on the site of Court Square City View Tower adjacent to the Court Square Number 7 subway station in Long Island City in the Queens borough of New York. U.S. developers broke ground on more homes for November, but the increase occurred entirely in apartments. The construction of new single-family houses fell. (AP Photo/Mark Lennihan, File)
December 18, 2018 - 8:05 am

US home construction rose last month, led by apartments

WASHINGTON (AP) — U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell. The Commerce Department said Tuesday that housing starts rose 3.2 percent in November from the previous month to a seasonally...
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FILE- In this Nov. 28, 2018, file photo a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Dec. 13, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
December 13, 2018 - 10:43 am

US mortgage rates fall to 3-month low; 30-year at 4.63 pct.

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market. Continued steep declines in the stock market pushed home borrowing rates lower, although they remain much higher than a...
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In this Nov. 28, 2018, photo, a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Nov. 29, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Keith Srakocic)
December 06, 2018 - 10:10 am

US average mortgage rates fall; 30-year loan at 4.75%

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week amid a steep decline in stock prices. Continued slides in the stock market and tumbling oil prices have been pushing mortgage rates lower, although home borrowing rates remain much higher than a year ago. Mortgage giant Freddie Mac says...
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FILE- In this April 23, 2018, file photo advertising signs point out completed new homes, homes under construction as well as lots for new homes in Glen Allen, Va. On Wednesday, Nov. 28, the Commerce Department reports on sales of new homes in October. (AP Photo/Steve Helber, File)
November 28, 2018 - 10:12 am

US new-home sales plunged 8.9 percent in October

WASHINGTON (AP) — Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month...
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FILE- In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Wednesday, Nov. 21, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
November 21, 2018 - 11:08 am

US mortgage rates fall: 30-year at 4.81 percent

WASHINGTON (AP) — U.S. long-term mortgage rates recorded the biggest drop in nearly four years this week, but remain much higher than they were a year ago. Mortgage giant Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage fell to 4.81 percent this week, down from 4.94...
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FILE- In this July 23, 2018, file photo a construction worker puts down roofing paper on a new home as he works outside in Houston. On Tuesday, Nov. 20, the Commerce Department reports on U.S. home construction in October. (AP Photo/David J. Phillip, File)
November 20, 2018 - 8:46 am

US home construction rose 1.5 percent in October

WASHINGTON (AP) — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in...
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FILE- In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 15, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
November 15, 2018 - 9:44 am

US average mortgage rates flat to higher; 30-year 4.94 pct.

WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent. That's the...
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