Mortgage rates

FILE - In this Jan. 4, 2019, photo a sign is displayed outside a house for sale in Pittsburgh's Lawrenceville neighborhood. On Thursday, May 16, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
May 16, 2019 - 9:04 am

US long-term mortgage rates fall; 30-year average at 4.07%

WASHINGTON (AP) — U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage eased to 4.07%...
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FILE - This Jan. 14, 2019, photo, shows a sign outside a home that has been sold, in Mount Lebanon, Pa. On Thursday, May 9, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)
May 09, 2019 - 9:20 am

US long-term mortgage rates decline; 30-year average 4.10%

WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...
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FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Thursday, May 2, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)
May 02, 2019 - 7:27 am

US long-term mortgage rates down; 30-year average at 4.14%

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dropped to 4.14% from 4.20% last week. By...
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In this Friday, April 12, 2019 photo, a sold sign is shown in front of a home in Surfside, Fla. On Thursday, April 25, Freddie Mac reports on this week’s average U.S. mortgage rates.(AP Photo/Wilfredo Lee)
April 25, 2019 - 9:21 am

US long-term mortgage rates up for 4th week; 30-year 4.20%

WASHINGTON (AP) — U.S. long-term mortgage rates rose this week for the fourth straight week, though they remain historically low as a spur to home sales in the spring buying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage increased to 4.20% from...
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FILE - In this Feb. 21, 2019, file photo a sign is posted near a newly constructed home in Natick, Mass. On Tuesday, April 23, the Commerce Department reports on sales of new homes in March. (AP Photo/Steven Senne, File)
April 23, 2019 - 8:34 am

US new-home sales climbed 4.5% in March

WASHINGTON (AP) — Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. The Commerce Department said Tuesday that new homes sold at a seasonally...
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FILE- In this Feb. 21, 2019, file photo a newly constructed homes sit near a sign in Natick, Mass. On Friday, March 29, the Commerce Department reports on sales of new homes in February. (AP Photo/Steven Senne, File)
March 29, 2019 - 7:59 am

US new-home sales increased 4.9 percent in February

WASHINGTON (AP) — Sales of new U.S. homes climbed 4.9 percent in February, an indication that falling mortgage rates have given a boost to demand from buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 667,000 in February, an increase from an...
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FILE- In this Feb. 20, 2019, file photo a worker carries interior doors to install in a just completed new home in north Dallas. On Tuesday, March 26, the Commerce Department reports on U.S. home construction in February. (AP Photo/LM Otero, File)
March 26, 2019 - 6:42 am

US housing starts slumped 8.7 percent in February

WASHINGTON (AP) — The number of homes under construction fell 8.7 percent in February, as ground breakings for single-family houses plunged to their lowest level in nearly two years. The Commerce Department said that builders started construction at a seasonally adjusted annual rate of 1.16 million...
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FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Tuesday, March 26, the Standard & Poor's/Case-Shiller 20-city home price index for January is released. (AP Photo/LM Otero, File)
March 26, 2019 - 6:33 am

US home price gains fall to lowest in more than 6 years

WASHINGTON (AP) — U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates last year weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index increased 3.6 percent in January from a year earlier. That's down from a 4.1 percent pace...
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FILE- In this Feb. 21, 2019, file photo a recently constructed home is surrounded by snow in Natick, Mass. On Thursday, March 21, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Steven Senne, File)
March 21, 2019 - 8:44 am

US average mortgage rates fall; 30-year at 4.28 percent

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage declined to 4.28 percent from 4.31 percent the previous week...
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A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 21, 2019 - 12:14 am

After the fall: How to take advantage of lower rates

NEW YORK (AP) — So much for those worries about rising interest rates. Just a few months ago, rising rates were bearing down on everyone from home buyers to stock investors after the Federal Reserve put through seven quarter-point increases in 2017 and 2018. But some rates began easing early this...
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