Mortgages

European Central Bank President Christine Lagarde addresses European Parliament lawmakers during a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)
February 14, 2020 - 7:59 am
FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world...
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FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
February 13, 2020 - 11:01 am
LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
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FILE - In this Sept. 25, 2019 file photo, a sign promoting an open house sits atop a realty company's lawn sign in Brandon Miss. On Thursday, Feb. 6, 2020, U.S. long-term mortgage rates fell this week for the third straight week, as the benchmark 30-year loan marked its lowest point in three years. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed-rate mortgage declined to 3.45% from 3.51% last week. (AP Photo/Rogelio V. Solis, File)
February 06, 2020 - 8:55 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the third straight week, as the benchmark 30-year loan marked its lowest point in three years. Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year fixed-rate mortgage declined to 3.45% from 3.51% last week. The...
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FILE - In this Sept. 3, 2019, file photo a sign rests near a piece of earth-moving equipment, left, on a plot of land, in Westwood, Mass. On Monday, Jan. 27, 2020, the Commerce Department reports on sales of new homes in December. (AP Photo/Steven Senne, File)
January 27, 2020 - 7:03 am
WASHINGTON (AP) — U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019. The Commerce Department said Monday that new single-family houses sold at a seasonally adjusted annual rate of 694,000 last month. But for all of 2019,...
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In this Jan. 9, 2020, photo a "Coming Soon" sign hangs from a real estate sign outside a home in Derry, N.H. On Thursday, Jan. 16, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)
January 16, 2020 - 9:47 am
WASHINGTON (AP) — U.S. long-term mortgage rates rose slightly last week after financial markets that had been roiled by the U.S.-Iran conflict stabilized. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortgage ticked up to 3.65% from 3.64% last week. The...
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FILE - In this Oct. 22, 2019, photo a sign stands outside a home for sale in southeast Denver. On Thursday, Jan. 2, 2020, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
January 02, 2020 - 10:10 am
WASHINGTON (AP) — U.S. long-term mortgage rates declined slightly this week, remaining close to the historically low levels where they have hovered for the past two months. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortgage eased to 3.72% from 3.74% last...
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FILE - This June 20, 2019, file photo shows an existing home is offered for sale in Rutledge, Ga. On Thursday, Dec. 12, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/John Bazemore, File)
December 12, 2019 - 8:18 am
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week. Still, rates remain at historically low levels as a lure to prospective homebuyers. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed-rate mortgage increased to 3.73% from 3.68% last week. The benchmark rate stood at...
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FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Thursday, Dec. 5, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
December 05, 2019 - 10:32 am
WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage was unchanged...
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FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Tuesday, Nov. 26, the Commerce Department reports on sales of new homes in October. (AP Photo/Steven Senne, File)
November 26, 2019 - 7:22 am
WASHINGTON (AP) — Sales of new homes dipped slightly in October compared with September but remain well above levels of a year ago, with lower mortgage rates helping spur a rebound in purchases. The annual rate of single-family new-home sales slipped 0.7% last month to a seasonally adjusted 733,000...
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November 19, 2019 - 5:33 am
WASHINGTON (AP) — U.S. home building jumped 3.8% in October, a positive sign for the overall economy as developers anticipate steady demand. The Commerce Department said Tuesday that housing starts reached a seasonally adjusted annual rate of 1.31 million. Starts for single-family houses were up 2...
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